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  3. Study Set
    ECON MICRO4
  4. Exam
    Exam 5: Elasticity of Demand and Supply
  5. Question
    Exhibit 5­9 Between Points a and B on the Demand
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Exhibit 5­9 Between Points a and B on the Demand

Question 7

Question 7

Multiple Choice

Exhibit 5­9 Exhibit 5­9   Between points a and b on the demand curve in Exhibit 5­9, demand is A) perfectly elastic B) elastic C) perfectly inelastic D) inelastic E) unit elastic Between points a and b on the demand curve in Exhibit 5­9, demand is


A) perfectly elastic
B) elastic
C) perfectly inelastic
D) inelastic
E) unit elastic

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