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If the Price Elasticity of Demand Is Equal to 0

question 106

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If the price elasticity of demand is equal to 0, then demand is unit elastic.


Definitions:

Sales Messages

Communications designed to persuade or inform potential customers about a product or service, with the aim of initiating a purchase.

Formula

A concise way of expressing information symbolically, as in mathematical or chemical equations.

Sales Message

A communication designed to persuade or influence a potential buyer to purchase a product or service.

Business Communication

The sharing of information between people within and outside an organization that is performed for the commercial benefit of the organization.

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