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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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    The Price Elasticity of Supply Can Serve as an Indicator
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The Price Elasticity of Supply Can Serve as an Indicator

Question 163

Question 163

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The price elasticity of supply can serve as an indicator of how much consumer expenditures will change with a change in price.

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