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    Economics Study Set 4
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    Exam 6: Elasticity: The Responsiveness of Demand and Supply
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    Table 6-1 -Refer to Table 6-1.Over What Range of Prices Is the of Prices
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Table 6-1 -Refer to Table 6-1.Over What Range of Prices Is the of Prices

Question 41

Question 41

Multiple Choice

Table 6-1
Table 6-1    -Refer to Table 6-1.Over what range of prices is the demand elastic? A)  over the entire range of prices B)  between $14 and $16 C)  between $8 and $16 D)  between $2 and $8
-Refer to Table 6-1.Over what range of prices is the demand elastic?


A) over the entire range of prices
B) between $14 and $16
C) between $8 and $16
D) between $2 and $8

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