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    Microeconomics Study Set 23
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    Exam 2: The Basics of Supply and Demand
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    Figure 2.4.1 -Refer to Figure 2.4.1. Between Points B and C, Demand
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Figure 2.4.1 -Refer to Figure 2.4.1. Between Points B and C, Demand

Question 53

Question 53

Multiple Choice

  Figure 2.4.1 -Refer to Figure 2.4.1. Between points B and C, demand is: A)  small. B)  inelastic, but not completely inelastic. C)  unit elastic. D)  elastic, but not infinitely elastic. E)  infinitely elastic. Figure 2.4.1
-Refer to Figure 2.4.1. Between points B and C, demand is:


A) small.
B) inelastic, but not completely inelastic.
C) unit elastic.
D) elastic, but not infinitely elastic.
E) infinitely elastic.

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