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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
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    The Price Elasticity of Today's Supply Curve of Classrooms on Campus
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The Price Elasticity of Today's Supply Curve of Classrooms on Campus

Question 216

Question 216

Multiple Choice

The price elasticity of today's supply curve of classrooms on campus is likely to


A) be greater than 1
B) be less than 1
C) be equal to 1
D) approach zero
E) be infinity

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