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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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    (Figure: Supply Elasticity) Refer to the Figure
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(Figure: Supply Elasticity) Refer to the Figure

Question 79

Question 79

Multiple Choice

(Figure: Supply Elasticity) Refer to the figure. Which one of the four supply curves has the greatest responsiveness to price changes? (Figure: Supply Elasticity)  Refer to the figure. Which one of the four supply curves has the greatest responsiveness to price changes?   A)  Supply Curve A B)  Supply Curve B C)  Supply Curve C D)  Supply Curve D


A) Supply Curve A
B) Supply Curve B
C) Supply Curve C
D) Supply Curve D

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