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    Exam 5: Elasticity: a Measure of Responsiveness
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    Compared to the Short Run,the Elasticity of Demand in the Long
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Compared to the Short Run,the Elasticity of Demand in the Long

Question 129

Question 129

Multiple Choice

Compared to the short run,the elasticity of demand in the long run is likely to


A) decrease.
B) remain unit elastic.
C) increase.
D) remain unchanged.

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