Question: when the price elasticity of demand is elastic a consumer...
Question details
When the price elasticity of demand is elastic, a consumer is
|
a. |
completely unresponsive to a change in price. |
|
b. |
relatively unresponsive to a change in price. |
|
c. |
unaffected by a change in price. |
|
d. |
relatively responsive to a change in price. |
|
e. |
completely responsive to a change in price. |
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