If price elasticity of demand is inelastic then, ignoring the sign, it will have a value <1.

Name: If price elasticity of demand is inelastic then, ignoring the sign, it will have a value <1.
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When the price elasticity of demand is inelastic, it means that the percentage change in quantity demanded is less than the percentage change in price, resulting in an elasticity value (ignoring the sign) of less than 1.

If Price Elasticity of Demand Is Inelastic Then, Ignoring the Sign