× Didn't find what you were looking for? Ask a question
  
  
  
  
Top Posters
Since Sunday
56
50
26
18
16
16
15
14
14
14
14
13
New Topic  
wrote...
Posts: 157
2 months ago

Question 1.

When the absolute price elasticity of demand equals 2.5, demand is

• elastic.

• unit-elastic.

• inelastic.

• undetermined without more information.

Question 2.

When the absolute price elasticity of demand equals 0.9, demand is

• elastic.

• unit-elastic.

• inelastic.

• undetermined without more information.
Source  Download
Economics Today: The Micro View
Edition: 19th
Author:
Read 16 times
3 Replies
Related Topics
Replies
wrote...
2 months ago

Answer 1

elastic.

Answer 2

inelastic.
wrote...
2 months ago
TY
wrote...
2 months ago
Welcome Slight Smile
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  258 People Browsing
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 155

Previous poll results: What's your favorite coffee beverage?
Related Images
 53
 57
 37

▶️ Video: Abnormal Heart Sounds

For a complete list of videos, visit our video library