Business
Business, 28.02.2020 21:32, janellesteele9104

An economist recently estimated that for every 1% increase in the price of fries at fast food restaurants, 0.44 percent fewer french fries are sold. This indicates that the demand for fast food french fries is

a. inelastic
b. unit-elastic
c. elastic.
d. perfectly inelastic

answer
Answers: 2

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