Lipitor, with few substitutes, should have an own-price elasticity of demand that is

Lipitor, with few substitutes, should have an own-price elasticity of demand that is

Lipitor, with few substitutes, should have an own-price elasticity of demand that is




a) Relative elastic
b) Relatively inelastic
c) Perfectly inelastic
d) Perfectly elastic



ANS B


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