When the price of commodity C rises by 10%, the quantity demanded falls by 18%. This is an example  of: (3) A. perfectly elastic demand. B. elastic demand. C. unitary elasticity of demand. D. inelastic demand. E. perfectly inelastic demand.

Micro Economics For Today
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Chapter5: Price Elasticity Of Demand And Supply
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When the price of commodity C rises by 10%, the quantity demanded falls by 18%. This is an example 
of: (3)
A. perfectly elastic demand.
B. elastic demand.
C. unitary elasticity of demand.
D. inelastic demand.
E. perfectly inelastic demand.

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