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Seth is a competitive body builder. He says he has to have his 12-oz package of protein powder to feed his muscles every day. On
Seth is a competitive body builder. He says he has to have his 12-oz package of protein powder to "feed his muscles" every day. On the basis of this information, what can you conclude about his price elasticity of demand for protein powder?
Question 20 options:
The price elasticity would be 1
It is perfectly elastic
It is elastic
It is perfectly inelastic
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