NoodleHurt
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  • 19-02-2022
  • Business
contestada

A product falls in price by 8% and total expenditure remains unchanged. What time of price elasticity of demand does the product possess ?

A. Unitary
B. Perfectly inelastic
C. Elastic
D. Perfectly elastic

Respuesta :

d23rud61 d23rud61
  • 19-02-2022

Answer:

C

Explanation:

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