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f a business can sell 20 000 units of a product at $2 per unit and 10 000 units at $4 per unit, its demand

f a business can sell 20 000 units of a product at $2 per unit and 10 000 units at $4 per unit, its demand is:

Multiple Choice

  • elastic
  • unit-elastic
  • perfectly elastic
  • inelastic
  • perfectly inelastic

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