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    Microeconomics Study Set 8
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    Exam 4: Elasticity: The Responsiveness of Demand and Supply
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    The Demand for Petrol Is Perfectly Inelastic Because Most People
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The Demand for Petrol Is Perfectly Inelastic Because Most People

Question 178

Question 178

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The demand for petrol is perfectly inelastic because most people need petrol to drive their cars.

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