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    Exam 18: The Price Elasticities of Demand and Supply
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    Among Teenagers,the Average Demand for Cigarettes Is _________,Ranging from 0
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Among Teenagers,the Average Demand for Cigarettes Is _________,Ranging from 0

Question 204

Question 204

Multiple Choice

Among teenagers,the average demand for cigarettes is _________,ranging from 0.76 and 1.20.


A) highly inelastic
B) approximately unit elastic
C) highly elastic

Correct Answer:

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