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Home Q & A Board Other Fields Homework Help Business Economics
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caillacakes caillacakes
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5 years ago
If the price elasticity of demand is greater than 1, then consumer demand is

• inelastic.

• elastic.

• unrelated to the elasticity of demand.

• unitary elastic.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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kirakira15kirakira15
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5 years ago
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caillacakes Author
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#2
5 years ago
Brilliant
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