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    Microeconomics Study Set 14
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    Exam 6: The Price Elasticities of Demand and Supply
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    The Demand for Goods Such as Telephone Service and Medical
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The Demand for Goods Such as Telephone Service and Medical

Question 194

Question 194

Multiple Choice

The demand for goods such as telephone service and medical care tend to be


A) perfectly elastic.
B) relatively elastic.
C) unit elastic.
D) relatively inelastic.

Correct Answer:

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