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    Microeconomics Australia
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    The Demand for a Necessity Generally Is
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The Demand for a Necessity Generally Is

Question 39

Question 39

Multiple Choice

The demand for a necessity generally is


A) unit elastic.
B) infinitely elastic.
C) very elastic.
D) inelastic.
E) unaffected by income.

Correct Answer:

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