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Tidy Tidy
wrote...
Posts: 4852
8 years ago
When the price of tortilla chips rose by 10 percent, the quantity of tortilla chips sold fell 4 percent. This indicates that the demand for tortilla chips is
A) inelastic.
B) elastic.
C) unit-elastic.
D) perfectly inelastic.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 610 times
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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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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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8 years ago
It was nothing, thanks for updating us.
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