History, 06.10.2019 03:00 trizthagod49
A) demand for pepper at that specific store would be elastic; it would go down dramatically because people would buy it at another store
b) demand for pepper at that specific store would be inelastic; it would go up dramatically because people would buy more of it before the price increase
c) demand for pepper at that specific store would elastic; it would rise dramatically because people would refuse to buy it at all
d) demand for pepper at that specific store would be inelastic; it would stay the same because the price increase would be insignificant
Answers: 1
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A) demand for pepper at that specific store would be elastic; it would go down dramatically because...
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