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    Exam 7: Consumer Choice and Elasticity
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    Figure 7-11 Refer to Figure 7-11. as Price Falls from P <Sub>A</sub>
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Figure 7-11 Refer to Figure 7-11. as Price Falls from P A

Question 190

Question 190

Multiple Choice

Figure 7-11 Figure 7-11   Refer to Figure 7-11. As price falls from P <sub>A</sub> to P <sub>B</sub>, which demand curve represents the most elastic demand? A)  D <sub>1</sub> B)  D <sub>2</sub> C)  D <sub>3</sub> D)  All of the above are equally elastic.
Refer to Figure 7-11. As price falls from P A to P B, which demand curve represents the most elastic demand?


A) D 1
B) D 2
C) D 3
D) All of the above are equally elastic.

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