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Each week Bill buys exactly 7 bottles of cola regardless of its price. Bill's own price elasticity of demand for cola IN ABSOLUTE VALUE is
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Each week Bill buys exactly 7 bottles of cola regardless of its price. Bill's own price elasticity of demand for cola IN ABSOLUTE VALUE is

User Qelli
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1 Answer

14 votes

Answer:

0

Step-by-step explanation:

If he doesn't care about the price then that means that the product is perfectly inelastic AKA it has an elasticity of 0

User Osmium USA
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