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    Exam 20: Elasticity
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    If Demand Is Elastic,then
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If Demand Is Elastic,then

Question 97

Question 97

Multiple Choice

If demand is elastic,then


A) The elasticity number E is greater than 1.
B) The elasticity number E is less than 1.
C) The elasticity number E is equal to 1.
D) The elasticity number E is 0.

Correct Answer:

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