单项选择题

If quantity demanded decreases 30% when the price increases 5%, this good exhibits:

A. elastic, but not perfectly elastic demand.
B. inelastic, but not perfectly elastic demand.
C. perfectly inelastic demand.

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单项选择题If the number of cars demanded in a city increased from 33000 to 34000 when the average price decreases from $25000 to $23000, the price elasticity of demand is:

A. -1.87
B. -0.36
C. -0.15