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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    Which of the Following Is Likely to Have the Most
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Which of the Following Is Likely to Have the Most

Question 163

Question 163

Multiple Choice

Which of the following is likely to have the most price elastic demand?


A) clothing
B) blue jeans
C) Tommy Hilfiger jeans
D) All three would have the same elasticity of demand because they are all related.

Correct Answer:

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