John Spends Exactly the Same Dollar Amount on Candy Bars

question 88

Multiple Choice

John spends exactly the same dollar amount on candy bars each week, regardless of their price.John's demand curve for candy bars is

• A)upward-sloping
• B)backward-bending
• C)perfectly inelastic
• D)perfectly elastic
• E)unit elastic

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Concepts, values, and philosophies that originated in or are associated with Western European and North American cultures, often emphasizing individualism, democracy, and rationality.

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