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    Microeconomics Study Set 29
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    Exam 4: Elasticity
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    If Demand Is Unit Elastic at All Prices, Then the Demand
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If Demand Is Unit Elastic at All Prices, Then the Demand

Question 115

Question 115

Multiple Choice

If demand is unit elastic at all prices, then the demand curve is


A) a straight line.
B) perfectly horizontal.
C) a rectangular hyperbola.
D) a parabola.
E) upward sloping.

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