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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 54

Question 54

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.

Correct Answer:

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