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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 65

Question 65

Multiple Choice

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


A) milk
B) sailboats
C) good X in the short run compared to good X in the long run
D) gasoline

Correct Answer:

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