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    Business
  3. Study Set
    Microeconomics Study Set 30
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    Exam 6: Describing Supply and Demand: Elasticities
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    Refer to the Graph Shown
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Refer to the Graph Shown

Question 89

Question 89

Multiple Choice

Refer to the graph shown. The elasticity of demand is closest to 1 on line segment: Refer to the graph shown. The elasticity of demand is closest to 1 on line segment:   A)  AB. B)  BC. C)  CD. D)  The elasticity is not close to 1 on any of these line segments.


A) AB.
B) BC.
C) CD.
D) The elasticity is not close to 1 on any of these line segments.

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