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Question 2 (10 points) 2. Demand is elastic when a given change in price causes a relatively smaller change in quantity demanded. - O True O False

Question 2 (10 points) 2. Demand is elastic when a given change in price causes a relatively smaller change in quantity demanded. - O True O False
asked 200k views
3 votes
Question 2 (10 points)

2. Demand is elastic when a given change in price causes a relatively smaller change in quantity demanded.
-
O True
O False

asked
User Billy Cravens
by
8.0k points

1 Answer

4 votes

Answer:true

Step-by-step explanation:

answered
User Beebul
by
8.2k points
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