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Which of the following statements about elasticity of demand is false

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Answer:

The statement that is false : If the elasticity of demand for a good at a certain price is equal to or less than one, demand is elastic.

Step-by-step explanation:It is the opposite. if the demand elasticity is equal to or less than one, it should be inelastic.

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User Stuart Golodetz
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What are the choices then I'll help you
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