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TheFulcan TheFulcan
wrote...
Posts: 344
5 years ago
When demand is unit elastic, a 7 percent change in the price of the good
A) will cause a change in quantity demanded of less than 7 percent.
B) will cause a change in quantity demanded equal to 7 percent.
C) will cause a change in quantity demanded greater than 7 percent.
D) will not cause any change in quantity demanded.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 49 times
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wrote...
5 years ago
 B
TheFulcan Author
wrote...
5 years ago
Ready for finals now Monkey
wrote...
5 years ago
Good luck my friend!
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