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    Modern Principles of Economics Study Set 2
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    Exam 5: Elasticity and Its Applications
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    In General, the Flatter the Demand Curve The
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In General, the Flatter the Demand Curve The

Question 86

Question 86

Multiple Choice

In general, the flatter the demand curve the:


A) less the demand elasticity.
B) greater the demand elasticity.
C) greater the change in price needed to induce a change in quantity demanded.
D) less the change in total revenue given a price change.

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