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A Craze for Apples in Riverdale Increases the Quantity Demanded

Question 52

Multiple Choice

A craze for apples in Riverdale increases the quantity demanded at every price by five bushels.Between any two prices, the new demand curve will be ____ the old demand curve.


A) more elastic than
B) less elastic than
C) equal in elasticity to
D) More information is needed to predict the relationship.

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