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If, for a certain good, the percent change in the quantity demanded is less than the percent change in price that caused the change A
If, for a certain good, the percent change in the quantity demanded is less than the percent change in price that caused the change A we can say that the demand is elastic B we can say that the demand is inelastic C we can say that the demand is unit elastic D we can say that the demand is zero elastic
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
