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    Principles of Economics Study Set 2
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    Exam 5: Elasticity and Its Application
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    A Demand Curve That Is Horizontal Is Perfectly Elastic and the Elasticity
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A Demand Curve That Is Horizontal Is Perfectly Elastic and the Elasticity

Question 60

Question 60

True/False

A demand curve that is horizontal is perfectly elastic and the elasticity is equal to one.

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