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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
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    The Demand for a Good Is Unitary Elastic with Respect
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The Demand for a Good Is Unitary Elastic with Respect

Question 53

Question 53

Multiple Choice

The demand for a good is unitary elastic with respect to price if the price elasticity of demand is:


A) equal to one.
B) greater than one.
C) less than one.
D) greater than negative one.

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