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insherro insherro
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Posts: 671
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7 years ago
Assuming we are considering a normal good, the calculated price elasticity of demand is:
A) always positive.
B) always negative.
C) positive if demand is elastic and negative if demand is inelastic.
D) positive if demand is inelastic and negative if demand is elastic.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 1204 times
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University of Ottawa - Economics for Managers
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sofreshsofresh
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Posts: 466
7 years ago
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