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    Microeconomics Study Set 46
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    Exam 2: Supply and Demand
  5. Question
    Suppose That the Inverse Demand Curve for Energy Drinks Can
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Suppose That the Inverse Demand Curve for Energy Drinks Can

Question 52

Question 52

Multiple Choice

Suppose that the inverse demand curve for energy drinks can be expressed as Suppose that the inverse demand curve for energy drinks can be expressed as   . The price elasticity of demand at a quantity of 25 is: A)  -0.5. B)  0.5. C)  -2. D)  2. . The price elasticity of demand at a quantity of 25 is:


A) -0.5.
B) 0.5.
C) -2.
D) 2.

Correct Answer:

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