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Author Question: When the price of oysters decreases 25%, quantity demanded is unchanged. The price elasticity of ... (Read 83 times)

Medesa

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When the price of oysters decreases 25%, quantity demanded is unchanged. The price elasticity of demand for oysters is


◦ perfectly inelastic.
◦ elastic.
◦ inelastic.
◦ unitary elastic.


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Marked as best answer by Medesa on Apr 19, 2019

BUTTHOL369

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