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    Exam 3: The Concept of Elasticity and Consumer and Producer Surplus
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    For a Given Increase in Supply, the Condition of Demand
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For a Given Increase in Supply, the Condition of Demand

Question 74

Question 74

Multiple Choice

For a given increase in supply, the condition of demand that will result in no change in quantity is when demand is


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

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