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    Exam 5: Elasticity of Demand and Supply
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    A Change in the Price of Housing Will Tend to Have
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A Change in the Price of Housing Will Tend to Have

Question 56

Question 56

Multiple Choice

A change in the price of housing will tend to have _____


A) an elastic demand.
B) a perfectly elastic demand.
C) an inelastic demand.
D) an upward-sloping demand curve.
E) many close substitutes.

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