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    Exam 5: Elasticity of Demand and Supply
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    Exhibit 5-26 -Refer to Exhibit 5-26. Between Points a and B, Price
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Exhibit 5-26 -Refer to Exhibit 5-26. Between Points a and B, Price

Question 107

Question 107

Multiple Choice

Exhibit 5-26 Exhibit 5-26   -Refer to Exhibit 5-26. Between points A and B, price elasticity of demand is: A)  unitary B)  elastic C)  inelastic D)  perfectly elastic E)  perfectly inelastic
-Refer to Exhibit 5-26. Between points A and B, price elasticity of demand is:


A) unitary
B) elastic
C) inelastic
D) perfectly elastic
E) perfectly inelastic

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