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    Principles of Economics Study Set 5
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    Exam 5: Elasticity and Its Application
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    Table 5-1 -Refer to Table 5-1.Using the Midpoint Method,demand Is Unit Elastic
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Table 5-1 -Refer to Table 5-1.Using the Midpoint Method,demand Is Unit Elastic

Question 309

Question 309

Multiple Choice

Table 5-1
Table 5-1    -Refer to Table 5-1.Using the midpoint method,demand is unit elastic when quantity demanded changes from A)  500 to 400. B)  400 to 300. C)  300 to 200. D)  200 to 100.
-Refer to Table 5-1.Using the midpoint method,demand is unit elastic when quantity demanded changes from


A) 500 to 400.
B) 400 to 300.
C) 300 to 200.
D) 200 to 100.

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