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    Microeconomics Study Set 51
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    Exam 6: Elasticity
  5. Question
    If the Price Elasticity of Demand for a Good Is
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If the Price Elasticity of Demand for a Good Is

Question 152

Question 152

Multiple Choice

If the price elasticity of demand for a good is zero, then demand is


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

Correct Answer:

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