Seth Is a Competitive Body Builder

question 123

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 1.

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