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    Principles of Microeconomics Study Set 8
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    Exam 4: Demand: the Benefit Side of the Market
  5. Question
    If the Demand Curve for Beets Is P = 5,the
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If the Demand Curve for Beets Is P = 5,the

Question 57

Question 57

Multiple Choice

If the demand curve for beets is P = 5,the price elasticity of demand is


A) 5.
B) 0.2.
C) 0.
D) infinity.
E) unable to be calculated with the information available.

Correct Answer:

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