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Question
Kenji tells the manager at Moos Ice Cream that he wont buy any ice cream cones costing more than $2, but he will buy a limitless number at any price less than $2. His price elasticity of demand for ice cream cones is
a. perfectly inelastic.
b. inelastic.
c. unitary elastic.
d. elastic.
e. perfectly elastic.
Answer
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Related questions
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