question archive If a 20% increase in price causes a 30% drop in quantity demanded, this good is: a
If a 20% increase in price causes a 30% drop in quantity demanded, this good is: a
Subject:EconomicsPrice:2.88 Bought3
If a 20% increase in price causes a 30% drop in quantity demanded, this good is:
a. Elastic,
b. Inelastic,
c. Unitary.
Option 1
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