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    Exam 20: Elasticity
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    If the Price Elasticity of Demand Is Equal to 2,the
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If the Price Elasticity of Demand Is Equal to 2,the

Question 19

Question 19

Multiple Choice

If the price elasticity of demand is equal to 2,the good has _____ demand.


A) elastic
B) inelastic
C) unitary elastic

Correct Answer:

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