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    When the Price of Bricks Increases 5%,quantity Demanded Decreases 15
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When the Price of Bricks Increases 5%,quantity Demanded Decreases 15

Question 154

Question 154

Multiple Choice

When the price of bricks increases 5%,quantity demanded decreases 15%.The elasticity for bricks is:


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

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