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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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    Perfectly Elastic Demand Curves Are Irrelevant, Since Real World Demand
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Perfectly Elastic Demand Curves Are Irrelevant, Since Real World Demand

Question 218

Question 218

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Perfectly elastic demand curves are irrelevant, since real world demand curves are never perfectly elastic.

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