MCQOPTIONS
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| 1. |
Ep = 0 in the case of ‐‐‐‐‐‐‐‐‐‐‐elasticity |
| A. | Perfectly elastic demand |
| B. | Perfectly inelastic demand |
| C. | Relative elastic demand |
| D. | Unitary elastic demand |
| Answer» C. Relative elastic demand | |