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Which of the following statements is true of perfectly elastic demand? Continuing to buy gasoline when the price goes up in order to commute to
Which of the following statements is true of perfectly elastic demand?
- Continuing to buy gasoline when the price goes up in order to commute to work
- Buying less of another item in order to purchase medications needed to sustain life
- Buying the same amount of salt regardless of price fluctuations
- Not buying a good at all anymore when the price goes up a little
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International Business
Authors: John Daniels, Lee Radebaugh, Daniel Sullivan
16th edition
134200055, 978-0134201542, 013420154X, 978-0134200057
