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pirex pirex
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Posts: 634
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6 years ago
If the demand curve for a good always has unitary price elasticity, what does this imply about consumer behavior?
A) Consumers do not react to a price change.
B) Consumers will spend a constant total amount on the good.
C) Consumers are irrational.
D) Consumers do not obey the Law of Demand.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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#1
Posts: 432
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6 years ago
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pirex Author
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6 years ago
Thank you, thank you, thank you!
jmendoza
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Yesterday
Correct Slight Smile TY
Helpmeplease11
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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