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    Principles of Economics Study Set 1
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    Exam 4: Elasticity
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    If the Demand Curve Is Horizontal, Then Demand Is
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If the Demand Curve Is Horizontal, Then Demand Is

Question 97

Question 97

Multiple Choice

If the demand curve is horizontal, then demand is:


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

Correct Answer:

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