If demand is inelastic, the absolute value of the price elasticity of demand is
A. greater than the absolute value of the slope of the demand curve. B. greater than one. C. one. D. less than one.
A. greater than the absolute value of the slope of the demand curve. B. greater than one. C. one. D. less than one.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.