ECONOMICS
SUPPLY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The price of burgers increase by 22% and the quantity of burgers demanded falls by 25% This indicates that demand for burgers is?A. elasticB. perfectly elasticC. unitarily elasticD. inelastic.
|
|
A
|
|
|
B
|
|
|
C
|
|
|
D
|
Explanation:
Detailed explanation-1: -Answer:Your answer is elastic .
There is 1 question to complete.