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The Proper Sequence of Consumer Responsiveness to Price Changes from Most

Question 133

Multiple Choice

The proper sequence of consumer responsiveness to price changes from most to least is


A) perfectly elastic,perfectly inelastic,inelastic,elastic.
B) perfectly elastic,elastic,inelastic,perfectly inelastic.
C) elastic,perfectly elastic,perfectly inelastic,inelastic.
D) elastic,inelastic,perfectly elastic,perfectly inelastic.
E) perfectly inelastic,inelastic,elastic,perfectly elastic.

Correct Answer:

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