MCQOPTIONS
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| 1. |
Zero price elasticity of demand means |
| A. | whatever the change in price, there is absolutely no change in demand |
| B. | for a small change in price, there is a small change in demand |
| C. | for a small change in price, there is a large change in demand |
| D. | for a large change in price, there is a small change in demand |
| Answer» B. for a small change in price, there is a small change in demand | |