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    Economics Study Set 1
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    Exam 4: Elasticity
  5. Question
    If the Value of the Price Elasticity of Demand Is
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If the Value of the Price Elasticity of Demand Is

Question 138

Question 138

Multiple Choice

If the value of the price elasticity of demand is 0.6,demand is said to be


A) elastic.
B) partially elastic.
C) inelastic.
D) partially inelastic.
E) somewhat inelastic.

Correct Answer:

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