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Which of the following is true about the absolute value of Arc Price Elasticity of Demand is 1.3? incorecct Group of answer choices It is

Which of the following is true about the absolute value of Arc Price Elasticity of Demand is 1.3? incorecct

Group of answer choices

It is an inelastic good

It is a normal good

It is an elastic good

It is an inferior good

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