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    Microeconomics Canada
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    Exam 4: Elasticity
  5. Question
    Suppose the Demand Curve for Good X Is Horizontal
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Suppose the Demand Curve for Good X Is Horizontal

Question 105

Question 105

Multiple Choice

Suppose the demand curve for good X is horizontal.The demand for good X is


A) unit elastic.
B) inelastic.
C) perfectly elastic.
D) perfectly inelastic.
E) elastic.

Correct Answer:

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