
Issues in Economics Today 7th Edition by Robert Guell
النسخة 7الرقم المعياري الدولي: 978-0078021817
Issues in Economics Today 7th Edition by Robert Guell
النسخة 7الرقم المعياري الدولي: 978-0078021817 تمرين 14
Suppose you observe that minor changes in supply seem to cause dramatic changes in price. You would conclude that
A) demand is unit elastic.
B) demand is elastic.
C) demand is inelastic.
D) demand is perfectly inelastic.
A) demand is unit elastic.
B) demand is elastic.
C) demand is inelastic.
D) demand is perfectly inelastic.
التوضيح
Hence, option (a)is incorrect.
Elastic ...
Issues in Economics Today 7th Edition by Robert Guell
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