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Exhibit 5.3 -Refer to Exhibit 5.3,which Shows a Linear Demand Curve.Between Points

Question 19

Multiple Choice

Exhibit 5.3
Exhibit 5.3 -Refer to Exhibit 5.3,which shows a linear demand curve.Between points B and C,the elasticity of demand is ____ and demand is _____. A) 1; unit elastic B) 1.89; elastic C) 0.73; inelastic D) infinity; perfectly elastic E) 1; perfectly inelastic
-Refer to Exhibit 5.3,which shows a linear demand curve.Between points B and C,the elasticity of demand is ____ and demand is _____.


A) 1; unit elastic
B) 1.89; elastic
C) 0.73; inelastic
D) infinity; perfectly elastic
E) 1; perfectly inelastic

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