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    Economics Study Set 2
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    Exam 18: The Price Elasticities of Demand and Supply
  5. Question
    When the Demand Elasticity of a Service Is ____,A Small
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When the Demand Elasticity of a Service Is ____,A Small

Question 175

Question 175

Multiple Choice

When the demand elasticity of a service is ____,a small increase in price will lead to a decline of the same percentage in quantity.


A) 10
B) 1.0
C) 0.0
D) 0.1

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