jchse3972 jchse3972
  • 28-02-2024
  • Business
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Peter's monthly income increases from $1,500 to $1,600. As a result, he increases the number of DVDs he buys per month from 2 to 3. Peter's demand for DVDs is
a) Elastic
b) Inelastic
c) Unitary elastic
d) Perfectly elastic

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