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    Microeconomics Study Set 40
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    Exam 6: Elasticity
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    When the Percentage Change in Quantity Demanded Is Larger Than
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When the Percentage Change in Quantity Demanded Is Larger Than

Question 230

Question 230

Essay

When the percentage change in quantity demanded is larger than the percentage change in price, demand is said to be:
A.price-inelastic.
B.price unit-elastic.
C.price-elastic.
D.perfectly inelastic.

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