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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.3
If a good has a price elasticity of demand coefficient of -2, what can be concluded?
The demand is elastic
The demand is perfectly elastic
The demand is unit elastic
The demand is inelastic
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AP Microeconomics - 2.3 Price Elasticity of Demand
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Price Elasticity of Demand
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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