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jdiffenbaugh8619 jdiffenbaugh8619
  • 30-05-2024
  • Business
Answered

If the price of a good rises by 10 percent and the total amount consumers spend on the good remains the same, then the good is
a. perfectly inelastic.
b. unit elastic.
c. elestic.
d. inelastic

Verified Answer :

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