If the absolute value of the price elasticity of demand for cell phone service is 3, then if the price of cell phone service increases by 1%, quantity demanded would:


If the absolute value of the price elasticity of demand for cell phone service is 3, then if the price of cell phone service increases by 1%, quantity demanded would:

A.decrease by 3%.

B.increase by 3%.

C.decrease by 0.33%.

D.increase by 0.33%.

正确答案:decrease by 3%.


Tag:微观经济学 中国大学MOOC微观经济学 时间:2021-12-11 14:35:47

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