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    Intermediate Microeconomics
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    Exam 3: Demand Curves
  5. Question
    The Price Elasticity of Demand for Any Good Must Be
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The Price Elasticity of Demand for Any Good Must Be

Question 50

Question 50

Multiple Choice

The price elasticity of demand for any good must be less than or equal to zero unless


A) the good is a necessity.
B) the good is a luxury.
C) the good is a Giffen good.

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