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    Microeconomics Canada
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    Exam 4: Elasticity
  5. Question
    When a Good Has a Vertical Demand Curve,the Price Elasticity
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When a Good Has a Vertical Demand Curve,the Price Elasticity

Question 92

Question 92

Multiple Choice

When a good has a vertical demand curve,the price elasticity of demand for the good is


A) zero.
B) greater than zero but less than 1.
C) 1.
D) greater than 1.
E) negative.

Correct Answer:

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