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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
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    Elasticity Is Always
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Elasticity Is Always

Question 46

Question 46

Multiple Choice

Elasticity is always


A) measured in dollars
B) measured in dollars per unit of quantity
C) measured in units of quantity
D) measured in units of quantity per dollar
E) independent of the units of measurement

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