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  3. Study Set
    Survey of Economics Principles
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    Exam 4: Elasticity: A Measure of Responsiveness
  5. Question
    Firms Like to Know the Price Elasticity of Demand Because
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Firms Like to Know the Price Elasticity of Demand Because

Question 88

Question 88

Multiple Choice

Firms like to know the price elasticity of demand because it determines how price changes affect


A) the supply curve.
B) costs.
C) revenues.
D) taxes.

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