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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