• 2022-05-28
    Ryansaysthathewouldbuyonecupofcoffeeeverydayregardlessoftheprice.Ifheistellingthetruth,Ryan’s
    A: demand for coffee is perfectly inelastic. ​
    B: price elasticity of demand for coffee is 1. ​
    C: income elasticity of demand for coffee is 0. ​
    D: None of the above answers is correct.