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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    -Using the Data in the Table Above,the Demand for Skirts
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-Using the Data in the Table Above,the Demand for Skirts

Question 148

Question 148

Multiple Choice

  -Using the data in the table above,the demand for skirts is A)  elastic. B)  unit elastic. C)  inelastic. D)  indeterminate. E)  perfectly inelastic.
-Using the data in the table above,the demand for skirts is


A) elastic.
B) unit elastic.
C) inelastic.
D) indeterminate.
E) perfectly inelastic.

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