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If a business can sell 20 000 units of a product at $2 per unit and 10 000 units at $4 per unit, its demand
If 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:
1.elastic
2.perfectly elastic
3.unit-elastic
4.perfectly inelastic
5.inelastic
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
2nd Edition
0324113641, 9780324113648
