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    Exam 20: Elasticity
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    When Demand Is Elastic,the Absolute Number for Price Elasticity Will
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When Demand Is Elastic,the Absolute Number for Price Elasticity Will

Question 132

Question 132

Multiple Choice

When demand is elastic,the absolute number for price elasticity will be


A) Greater than 0.
B) Less than 1.
C) Greater than 1.
D) Equal to 1.

Correct Answer:

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