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    Exam 7: Consumer Choice and Elasticity
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    Figure 7-9 -At a Price of $10, the Price Elasticity of the Elasticity
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Figure 7-9 -At a Price of $10, the Price Elasticity of the Elasticity

Question 114

Question 114

Multiple Choice

Figure 7-9 Figure 7-9   -At a price of $10, the price elasticity of the demand curve depicted in Figure 7-9 is A)  positive. B)  approximately equal to −0.1. C)  approximately equal to −1. D)  approximately equal to −2.
-At a price of $10, the price elasticity of the demand curve depicted in Figure 7-9 is


A) positive.
B) approximately equal to −0.1.
C) approximately equal to −1.
D) approximately equal to −2.

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