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Refer to the Following Graph

Question 42

Multiple Choice

Refer to the following graph:
Refer to the following graph: -Suppose price rises from $90 to $110. Using representative arrows, the price effect is a relatively ________ (short, long) arrow pointing _______ (upward, downward) . A) short; upward B) short; downward C) long; upward D) long; downward
-Suppose price rises from $90 to $110. Using representative arrows, the price effect is a relatively ________ (short, long) arrow pointing _______ (upward, downward) .


A) short; upward
B) short; downward
C) long; upward
D) long; downward

Correct Answer:

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