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Answer to Question #218112 in Economics for Paballo
Question #218112
- What happens to the price elasticity of the demand for coal when the quantity of coal demanded is measured in kilograms instead of tons? A. The price elasticity will be less elastic.
- B. The price elasticity will be neither more nor less elastic.
- C. The price elasticity will be undefined.
- D. The price elasticity will be more elastic.
Expert's answer
B. The price elasticity will be neither more nor less elastic.
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