Kenji Tells the Manager at Moo's Ice Cream That He

question 31

Multiple Choice

Kenji tells the manager at Moo's Ice Cream that he won't buy any ice cream cones costing more than $2,but he will buy a limitless number at any price less than $2.His price elasticity of demand for ice cream cones is

• A) perfectly inelastic.
• B) inelastic.
• C) unitary elastic.
• D) elastic.
• E) perfectly elastic.

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