If demand is inelastic, the absolute value of the price elasticity of demand is - 3600

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Request Description

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

A. greater than one.

B. greater than the absolute value of the slope of the demand curve.

C. less than one.

D. one.

 
Solution Description

If demand is inelastic, the absolute value of the