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17. Demand is ______ when the percentage change in quantity Demanded of a commodity is less than its percentage change in the price that brought
17. Demand is ______ when the percentage change in quantity Demanded of a commodity is less than its percentage change in the price that brought it about * 1 point A. Inelastic B. Elastic C. Perfect D. Unitary
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
