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  2. Topic
    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 3: Quantitative Demand Analysis
  5. Question
    Suppose the Demand for a Product Is Q <Sub>x</sub><sup>d</sup> =
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Suppose the Demand for a Product Is Q xd =

Question 77

Question 77

Multiple Choice

Suppose the demand for a product is Q xd = 10 - lnPx then product x is


A) Elastic.
B) Inelastic.
C) Unitary elastic.
D) Cannot be determined without more information.

Correct Answer:

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