Raena AI
Your AI Study Solution
Toggle theme
EN
Create free account
Elasticity Practice Quiz
Elasticity Practice Quiz
Quiz
Question 1
Question 2
Question 3
Question 4
Restart
What does it mean if the Price Elasticity of Demand (PED) is greater than 1?
A.
Demand is constant
B.
Demand is always elastic
C.
Demand changes a lot
D.
Demand changes a little
Check Answer