Price elasticity of demand for protein powder

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Reference no: EM13796458

Seth is a competitive body builder. He says he has ti have his 12 oz package of protein to " feed his muscles" every day. On the basis of this information, what can you conclude about his price elasticity of demand for protein powder?

1. It is perfectly inelastic

2. It is perfectly elastic

3. The price elasticity coefficient is 0

4. It is elastic

Reference no: EM13796458

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