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    The Economy Today Study Set 1
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    Exam 20: Elasticity
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    - Over the Price Range from $180 to $120 in Figure
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- Over the Price Range from $180 to $120 in Figure

Question 27

Question 27

Multiple Choice

  - Over the price range from $180 to $120 in Figure 20.1,ceteris paribus, A) Demand is elastic. B) Total revenue is maximized. C) Demand is increasing.
- Over the price range from $180 to $120 in Figure 20.1,ceteris paribus,


A) Demand is elastic.
B) Total revenue is maximized.
C) Demand is increasing.

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