If the price of shoes falls from $10 to $8 and the amount sold increases by 12 percent,it can be concluded that:
A) the demand for shoes is perfectly inelastic.
B) the demand for shoes is inelastic.
C) the demand for shoes is elastic.
D) shoes are complementary goods.

Question

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The Answer of If the price of shoes falls from $10 to $8 and the amount sold increases by 12 percent,it can be concluded that:
A) the demand for shoes is perfectly inelastic.
B) the demand for shoes is inelastic.
C) the demand for shoes is elastic.
D) shoes are complementary goods.

If the Price of Shoes Falls from $10 to $8