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    Survey of Economics
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    Exam 6: Elasticity
  5. Question
    What Is the Value of the Price Elasticity of Demand
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What Is the Value of the Price Elasticity of Demand

Question 126

Question 126

Multiple Choice

What is the value of the price elasticity of demand for a good that has a perfectly inelastic demand?


A) 1
B) -1
C) 10
D) 0

Correct Answer:

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