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    Exam 3: The Concept of Elasticity and Consumer and Producer Surplus
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    If There Is No Change in Price That Can Alter
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If There Is No Change in Price That Can Alter

Question 58

Question 58

Multiple Choice

If there is no change in price that can alter the quantity supplied then the supply for the good is


A) Perfectly elastic
B) Inelastic
C) Perfectly unit elastic
D) Perfectly inelastic

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