Exam (elaborations)
American Military University ECON 201 / ECON201 Quiz 3
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ECON 201 – Quiz 3 Question 1 of 16 Demand is price inelastic if: A. the price of the good responds slightly to a quantity change. B. the demand curve shifts very little when a demand shifter changes. C. the percentage change in quantity demanded is relatively small in response to a r...
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