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    Exam 4: Elasticity
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    When the Percentage Change in Quantity Demanded Is Greater Than
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When the Percentage Change in Quantity Demanded Is Greater Than

Question 123

Question 123

Multiple Choice

When the percentage change in quantity demanded is greater than the percentage change in price that brought it about,demand is said to be


A) zero elastic.
B) unelastic.
C) inelastic.
D) unit elastic.
E) elastic.

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