Shimmerie Shimmerie

06-12-2022
Business

contestada

what is an ELASTIC demand curve indicated by...

a) LOW Income Elasticity (e.g., less than 1)
b) a cross-price elasticity equal to zero
c) A HIGH price elasticity of demand (e.g., -3)
d) A LOW price elasticity of demand (e.g., -0.5)

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