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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
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    Which Good Is the MOST Income Inelastic
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Which Good Is the MOST Income Inelastic

Question 199

Question 199

Multiple Choice

Which good is the MOST income inelastic?


A) private college education
B) cigarettes
C) diamonds
D) caviar

Correct Answer:

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