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Author Question: If a demand drops to zero at the slightest increase in price, demand is (Read 27 times)

Collmarie

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on: May 25, 2020

Question 1

A demand relationship in which the percentage change in quantity demanded is the same as the percentage change in price is
◦ relatively inelastic.
◦ perfectly inelastic.
◦ unitarily elastic.
◦ perfectly elastic.

Question 2

If a demand drops to zero at the slightest increase in price, demand is
◦ perfectly elastic.
◦ unitary elastic.
◦ relatively inelastic.
◦ perfectly inelastic.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Collmarie on May 25, 2020

pangili4

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Collmarie

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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