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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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    When Demand Shifts, Knowing Supply Elasticity Can Help Us Anticipate
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When Demand Shifts, Knowing Supply Elasticity Can Help Us Anticipate

Question 117

Question 117

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When demand shifts, knowing supply elasticity can help us anticipate how big the changes in price and quantity might be.

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