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    Principles of Economics Study Set 2
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    Exam 5: Elasticity and Its Application
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    In General, a Firm Will Be Able to Generate the Greatest
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In General, a Firm Will Be Able to Generate the Greatest

Question 58

Question 58

Multiple Choice

In general, a firm will be able to generate the greatest response to a price increase:


A) instantly
B) in one month
C) in six months
D) in two years

Correct Answer:

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