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    Microeconomics Study Set 25
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    Exam 6: Elasticity
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    If the Price Elasticity of Demand Is Found to Be
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If the Price Elasticity of Demand Is Found to Be

Question 64

Question 64

Multiple Choice

If the price elasticity of demand is found to be 6,then demand is:


A) price-inelastic.
B) price-elastic.
C) price unit-elastic.
D) horizontal.

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