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  3. Study Set
    Microeconomics Study Set 14
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    Exam 6: The Price Elasticities of Demand and Supply
  5. Question
    When Elasticity Is 0.1, Demand Is
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When Elasticity Is 0.1, Demand Is

Question 117

Question 117

Multiple Choice

When elasticity is 0.1, demand is


A) elastic.
B) inelastic.
C) unit elastic.
D) undefined.

Correct Answer:

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