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-The Fact That There Is a Very Limited Amount of Land

Question 211

Multiple Choice

-The fact that there is a very limited amount of land in Hong Kong means the supply of new apartments in Hong Kong is A) inelastic. B) elastic. C) unit elastic. D) perfectly elastic. E) limited by the demand.
-The fact that there is a very limited amount of land in Hong Kong means the supply of new apartments in Hong Kong is


A) inelastic.
B) elastic.
C) unit elastic.
D) perfectly elastic.
E) limited by the demand.

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