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Propecia Was Developed to Treat Mild to Moderate Male Pattern

Question 432

Multiple Choice

Propecia was developed to treat mild to moderate male pattern hair loss in men. Marco has hair loss and he is willing to pay any amount of money to be able to buy this drug each month. Marco's price elasticity of demand is


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

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