Demand Is Inelastic If Elasticity Is

question 83

Multiple Choice

Demand is inelastic if elasticity is

• A) less than 1.
• B) equal to 1.
• C) greater than 1.
• D) equal to 0.

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A grammatical form used to indicate a completed action or condition, typically ending in -ed, -d, or -n in English.

Guinness Book

A record book that documents world records of human achievements as well as extreme natural events.

Ripley's Believe-It-or-Not

A franchise comprising books, a television show, and museums, showcasing odd, unusual, or unbelievable facts and items.

Past Participle

A verb form that is typically used to express completed action, often used in perfect tenses and sometimes as an adjective.