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    Economics USA
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    Exam 5: Market Demand and Price Elasticity
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    If I Spend $50 Per Week on Gasoline,regardless of the Price
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If I Spend $50 Per Week on Gasoline,regardless of the Price

Question 25

Question 25

Multiple Choice

If I spend $50 per week on gasoline,regardless of the price per gallon,my price elasticity of demand for gasoline is


A) 0.
B) 1.
C) 2.
D) infinite.
E) indeterminable.

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