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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If the demand for a life-saving drug was perfectly inelastic and the price doubled, the quantity demanded would
A) also double.
B) decrease by 50%.
C) be cut in half.
D) remain constant.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
Chimelo46Chimelo46
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Posts: 5641
8 years ago
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8 years ago
Glad to help you, and good luck with your course.
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