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    Principles of Economics Study Set 7
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    Exam 4: Elasticity
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    You Are Given a List of Income Elasticity of Demand
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You Are Given a List of Income Elasticity of Demand

Question 113

Question 113

Multiple Choice

You are given a list of income elasticity of demand values. Which one represents a necessity?


A) -5
B) -0.5
C) 0
D) 5
E) 0.5

Correct Answer:

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