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    Microeconomics Study Set 29
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    Exam 4: Elasticity
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    FIGURE 4- 2 -Refer to Figure 4- 2. the Price Elasticity of Demand
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FIGURE 4- 2 -Refer to Figure 4- 2. the Price Elasticity of Demand

Question 41

Question 41

Multiple Choice

  FIGURE 4- 2 -Refer to Figure 4- 2. The price elasticity of demand is continuously increasing as the price falls in part(s)  A)  1. B)  2. C)  1, 2, and 3. D)  2, 3, and 4. E)  none of the above FIGURE 4- 2
-Refer to Figure 4- 2. The price elasticity of demand is continuously increasing as the price falls in part(s)


A) 1.
B) 2.
C) 1, 2, and 3.
D) 2, 3, and 4.
E) none of the above

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