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    Exam 4: Elasticity
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    If a Price Decrease Results in Your Expenditure on a Good
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If a Price Decrease Results in Your Expenditure on a Good

Question 196

Question 196

Multiple Choice

If a price decrease results in your expenditure on a good decreasing, your demand must be


A) inelastic.
B) unit.
C) elastic.
D) linear.

Correct Answer:

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