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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
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    If a Good Is a Necessity,what Would Demand for the Good
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If a Good Is a Necessity,what Would Demand for the Good

Question 94

Question 94

Multiple Choice

If a good is a necessity,what would demand for the good tend to be


A) elastic
B) horizontal
C) unit elastic
D) inelastic

Correct Answer:

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