Suppose the demand for good X is .This demand curve has a ________ constant,variable)elasticity of demand equal to ________.
A)variable; -0.5
B)constant; -0.2
C)constant; -1
D)variable;-2

Question

Suppose the demand for good X is  .This demand curve has a ________ constant,variable)elasticity of demand equal to ________.
A)variable; -0.5 
B)constant; -0.2 
C)constant; -1 
D)variable;-2

Quizplus · Accepted Answer

The Answer of Suppose the demand for good X is  .This demand curve has a ________ constant,variable)elasticity of demand equal to ________.
A)variable; -0.5 
B)constant; -0.2 
C)constant; -1 
D)variable;-2

Suppose the Demand for Good X Is