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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
  5. Question
    If the Price Elasticity of Demand for a Good Is
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If the Price Elasticity of Demand for a Good Is

Question 90

Question 90

Multiple Choice

If the price elasticity of demand for a good is greater than one,then the demand for that good,with respect to price,is:


A) elastic.
B) inelastic.
C) unitary elastic.
D) perfectly elastic.

Correct Answer:

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