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    Economics Study Set 11
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    Exam 6: Elasticity
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    In Which Price Range of the Accompanying Demand Schedule Is
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In Which Price Range of the Accompanying Demand Schedule Is

Question 14

Question 14

Multiple Choice

In which price range of the accompanying demand schedule is demand elastic? Price Quantity Demanded
4 2
3 4
2 6
1 8


A) $4-$3
B) $3-$2
C) $2-$1
D) below $1

Correct Answer:

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