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    Principles of Microeconomics Study Set 3
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    Exam 4: Elasticity
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    When the Total Revenue and Price Both Move in the Same
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When the Total Revenue and Price Both Move in the Same

Question 18

Question 18

Multiple Choice

When the total revenue and price both move in the same direction (are directly related) ,demand is


A) elastic.
B) inelastic.
C) unitary elastic.
D) horizontal.
E) vertical.

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