If the percentage change in the price of a good is less than the resulting percentage change in the quantity demanded of that good, then the demand for that good is:

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If the percentage change in the price of a good is less than the resulting percentage change in the quantity demanded of that good, then the demand for that good is:

A.unit elastic.

B.elastic.

C.inelastic.

D.perfectly inelastic.

正确答案:elastic.

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