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    Exam 5: Elasticity of demand and supply
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    Exhibit 5-1 Demand Curves
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Exhibit 5-1 Demand Curves

Question 93

Question 93

Multiple Choice

Exhibit 5-1 Demand curves
Exhibit 5-1 Demand curves    -In Exhibit 5-1,between points a and c,the price elasticity of demand measures A) 4.1. B) 1.8. C) 1.5. D) 0.3. E) 0.8.
-In Exhibit 5-1,between points a and c,the price elasticity of demand measures


A) 4.1.
B) 1.8.
C) 1.5.
D) 0.3.
E) 0.8.

Correct Answer:

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