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  3. Study Set
    Mathematical Economics
  4. Exam
    Exam 5: Economics Functions and Elasticities
  5. Question
    The Elasticity of Demand for the Demand Curve of a Firm
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The Elasticity of Demand for the Demand Curve of a Firm

Question 2

Question 2

Multiple Choice

The elasticity of demand for the demand curve of a firm under perfect competition is


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

Correct Answer:

verifed

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