When the Elasticity Coefficient for Resource Demand Is Greater Than

question 101

Multiple Choice

When the elasticity coefficient for resource demand is greater than one, resource demand is

• A) inelastic.
• B) elastic.
• C) unit-elastic.
• D) perfectly inelastic.

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Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, focusing on environmental, economic, and social sustainability.