History, 04.09.2019 10:10 mbol7123

Unit elastic is elasticity where a change in the independent variable (usually
price) generates a proportional change of the dependent variable (quantity
demanded or supplied).
a) true
b) false

Answers: 2

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More questions: History Another questions

Unit elastic is elasticity where a change in the independent variable (usually price) generates a proportional change of the dependent variable (quantity demanded or supplied). a) true b) false

Answers

Another question on History

Unit elastic is elasticity where a change in the independent variable (usually
price) generates a proportional change of the dependent variable (quantity
demanded or supplied).
a) true
b) false