The price of burgers increase by 22% and the quantity of burgers deman – McqOptions

MCQOPTIONS

1.	The price of burgers increase by 22% and the quantity of burgers demanded falls by 25% This indicates that demand for burgers is ____________?
A.	elastic
B.	perfectly elastic
C.	unitarily elastic
D.	inelastic
Answer» B. perfectly elastic

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