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Question
The price elasticity of demand is always
a. positive.
b. negative.
c. equal to -1.
d. equal to zero.
e. equal to infinity.
Answer
This answer is hidden. It contains 74 characters.
Related questions
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Suppose Solomon lives in a community with no price controls. What do you expect will happen if his town borders a community where there is a binding price ceiling on most products?
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