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Answer to Question #237275 in Economics for CCW

Question #237275

Demand Review: (pick one)

19) Elastic Demand - a change in price cause a (smaller/larger) change in QD.

20) Inelastic Demand- a change in price causes a (smaller/larger) change in QD.


1
Expert's answer
2021-09-21T07:23:44-0400

19) Elastic Demand - a change in price cause a (smaller/larger) change in QD.

20) Inelastic Demand- a change in price causes a (smaller/larger) change in QD.



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