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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
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    For Any Horizontal Demand Curve,the Calculated Price Elasticity of Demand
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For Any Horizontal Demand Curve,the Calculated Price Elasticity of Demand

Question 38

Question 38

Multiple Choice

For any horizontal demand curve,the calculated price elasticity of demand is:


A) 0.
B) 1.
C) infinity.
D) equal to the price of the good.

Correct Answer:

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