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Engineering, 01.02.2021 16:10 ellieschiller0pdz93k

What does it mean if E˂1?
a)
demand is perfectly inelastic
b)
price change draws smaller change in demand
c)
demand is more elastic than the price change
d)
demand is unitary elastic

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Answers: 2

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What does it mean if E˂1?
a)
demand is perfectly inelastic
b)
price change d...
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