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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.3
Unit 2 – Supply and Demand
2.3 Price Elasticity of Demand
mixed difficulty
What is the price elasticity of demand coefficient for relatively elastic demand?
Between 0 and 1.
Zero.
Exactly 1
Greater than 1 but less than infinity.
Study guides (1)
AP Microeconomics - 2.3 Price Elasticity of Demand
Key terms
Price Elasticity of Demand
Relatively Elastic Demand
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