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    Microeconomics Study Set 44
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    Exam 6: Elasticity
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 138

Question 138

Multiple Choice

Use the following to answer questions:
Figure: The Demand for Shirts Use the following to answer questions: Figure: The Demand for Shirts   -(Figure: The Demand for Shirts)  Look at the figure The Demand for Shirts. If the price is below _____, demand is inelastic. A)  $10 B)  $20 C)  $30 D)  $40
-(Figure: The Demand for Shirts) Look at the figure The Demand for Shirts. If the price is below _____, demand is inelastic.


A) $10
B) $20
C) $30
D) $40

Correct Answer:

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