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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
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    Which of These Is Likely to Have the Lowest Price
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Which of These Is Likely to Have the Lowest Price

Question 22

Question 22

Multiple Choice

Which of these is likely to have the lowest price elasticity of demand?


A) hamburgers
B) Budweiser beer
C) gasoline
D) tickets to a rodeo

Correct Answer:

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