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    Principles of Economics Study Set 12
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    Exam 4: Subtleties of the Supply and Demand Model
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    A Horizontal Demand Curve Is
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A Horizontal Demand Curve Is

Question 48

Question 48

Multiple Choice

A horizontal demand curve is


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

Correct Answer:

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