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    Issues in Economics Today
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    Exam 3: The Concept of Elasticity and Consumer and Producer Surplus
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    -In Figure 3
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-In Figure 3

Question 41

Question 41

Multiple Choice

  -In Figure 3.1, if demand is considered perfectly inelastic, then the appropriate figure is?  A) Figure 1 B) Figure 2 C) Figure 3 D) Figure 4
-In Figure 3.1, if demand is considered perfectly inelastic, then the appropriate figure is?


A) Figure 1
B) Figure 2
C) Figure 3
D) Figure 4

Correct Answer:

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