For Angie, a ten percent rise in the price of flowers results in her quantity demanded of
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Question:
For Angie, a ten percent rise in the price of flowers results in her quantity demanded of flowers to fall by less than ten percent, then we can say for flowers her demand is:
Select one:
a. elastic.
b. unitary elastic.
c. inelastic.
d. non-binding.
e. counter cyclical.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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