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WHICH OF THIS PLS FAST!!! What does it mean if E˂1? a) demand is perfectly inelastic b) price change draws smaller change in demand c) demand is more elastic than the price chan…

WHICH OF THIS PLS FAST!!! What does it mean if E˂1? a) demand is perfectly inelastic b) price change draws smaller change in demand c) demand is more elastic than the price chan…
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21 votes
WHICH OF THIS PLS FAST!!!

What does it mean if E˂1?
a)
demand is perfectly inelastic
b)
price change draws smaller change in demand
c)
demand is more elastic than the price change
d)
demand is unitary elastic

asked
User Slashr
by
7.8k points

1 Answer

4 votes

Answer:

A

Step-by-step explanation:

answered
User Jumhyn
by
8.4k points
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