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S_A_V [24]
4 years ago
10

Assume that when the price of good X is $5.00, the quantity demanded is 20 units. When the price is decreased to $3.00, the quan

tity demanded increases to 20 units. Under these circumstances, the demand is:
 A. elastic. B. unit elastic. C. perfectly elastic. D. inelastic.
Business
2 answers:
ale4655 [162]4 years ago
7 0
D. inelastic is the answet
steposvetlana [31]4 years ago
3 0
D. inelastic is correct
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