Jerome says that he will spend exactly 25 each month on new, Ask an Expert

Economics

Jerome says that he will spend exactly $25 each month on new apps for his mobile device, regardless of the price of apps. Jerome's demand for apps is

A. perfectly elastic.

B. perfectly inelastic.

C. unit elastic.

D. somewhat inelastic, but not perfectly inelastic.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91559819

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