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    Exam 5: Elasticity and Its Applications
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    The Per-Unit Cost of Producing Tic Tac Candy Does Not
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The Per-Unit Cost of Producing Tic Tac Candy Does Not

Question 170

Question 170

Multiple Choice

The per-unit cost of producing Tic Tac candy does not change with increases in production, which means the:


A) demand for Tic Tac candy is elastic.
B) demand for Tic Tac candy is inelastic.
C) supply of Tic Tac candy is elastic.
D) supply of Tic Tac candy is inelastic.

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