The Price Elasticity of Demand Can Range Between

question 111

Multiple Choice

The price elasticity of demand can range between

• A) zero and infinity.
• B) negative one and one.
• C) negative infinity and infinity.
• D) zero and one.

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Definitions:

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The change in an individual's or economy's income and how that change will affect the quantity demanded of a good or service.

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Chewing gum is a type of flavored and chewable confectionery designed to be chewed without being swallowed.

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