If demand is inelastic, the absolute value of the price elasticity of demand is - 3547

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Request Description

If demand is inelastic, the absolute value of the price elasticity of demand is 

A.   greater than the absolute value of the slope of the demand curve. B.   greater than one. C.   one. D.   less than one. 

 
Solution Description

If demand is inelastic, the absolute value of the price el