A. in response to a price increase is less elastic than the elasticity of demand in response to a price decrease
B. is perfectly elastic if price increases and perfectly inelastic if price decreases
C. is constant regardless of whether price increase of decrease.
D. in response to a price increases is more elastic than the elasticity of demand in response to a price decrease
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[junkie-toggle title="Economics Mcqs" state="closed"] - Profit Maximizing Under Perfect Competition And Monopoly
- Profit Maximizing Under Perfect Competition And Monopoly
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