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    Principles of Microeconomics Study Set 3
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    Exam 4: Elasticity
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    Firms Are Indifferent to Changing Prices When the Price Elasticity
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Firms Are Indifferent to Changing Prices When the Price Elasticity

Question 153

Question 153

Multiple Choice

Firms are indifferent to changing prices when the price elasticity of demand is


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

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