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    Microeconomics Study Set 44
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    Exam 6: Elasticity
  5. Question
    An Important Determinant of the Price Elasticity of Demand Is
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An Important Determinant of the Price Elasticity of Demand Is

Question 79

Question 79

Multiple Choice

An important determinant of the price elasticity of demand is:


A) time.
B) the price of related goods.
C) the level of technology.
D) the quantity of the good supplied.

Correct Answer:

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