1.

dummy - If the demand for bread is ___________, a decrease in its price will lead to a fall in consumers’ total expenditure on bread. (1) unitary elastic (2)perfectly inelastic (3) elastic (4) inelastic

Answer»

dummy - If the demand for bread is ___________, a decrease in its price will lead to a fall in consumers’ total expenditure on bread.

(1) unitary elastic

(2)perfectly inelastic

(3) elastic

(4) inelastic




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