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    Exam 5: Elasticity of Demand and Supply
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    Exhibit 5-10 -In Exhibit 5-10, Between the Two Equilibrium Prices Shown, Demand
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Exhibit 5-10 -In Exhibit 5-10, Between the Two Equilibrium Prices Shown, Demand

Question 233

Question 233

Multiple Choice

Exhibit 5-10 Exhibit 5-10   -In Exhibit 5-10, between the two equilibrium prices shown, demand is A)  price elastic B)  price inelastic C)  unit elastic D)  perfectly elastic E)  perfectly inelastic
-In Exhibit 5-10, between the two equilibrium prices shown, demand is


A) price elastic
B) price inelastic
C) unit elastic
D) perfectly elastic
E) perfectly inelastic

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