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    Microeconomics Study Set 9
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    Exam 4: Supply and Demand: Elasticity and Applications
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    A Horizontal Demand Curve May Be Described As
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A Horizontal Demand Curve May Be Described As

Question 17

Question 17

Multiple Choice

A horizontal demand curve may be described as:


A) relatively price elastic.
B) perfectly price inelastic.
C) relatively price inelastic.
D) perfectly price elastic.
E) unit elastic.

Correct Answer:

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