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Refer to the Accompanying Figure

Question 132

Multiple Choice

Refer to the accompanying figure. Let εX denote the price elasticity of demand at point X. Which of the following describes the relationship between εA, εB and εC? Refer to the accompanying figure. Let εX denote the price elasticity of demand at point X. Which of the following describes the relationship between εA, εB and εC? A) εA> εC> εB B) εA> εB> εC C) εC> εB> εA D) εB> εC> εA


A) εA> εC> εB
B) εA> εB> εC
C) εC> εB> εA
D) εB> εC> εA

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