Seth Is a Competitive Body Builder

question 129

Multiple Choice

Seth is a competitive body builder. He says he has to have his 12-oz package of protein powder to "feed his muscles" every day. On the basis of this information, what can you conclude about his price elasticity of demand for protein powder?

• A) It is elastic.
• B) It is perfectly elastic.
• C) It is perfectly inelastic.
• D) The price elasticity coefficient is 0.

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Definitions:

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