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    Exam 19: Demand and Supply Elasticity
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    For Which of the Following Purchases Would the Absolute Price
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For Which of the Following Purchases Would the Absolute Price

Question 407

Question 407

Multiple Choice

For which of the following purchases would the absolute price elasticity of demand be smallest?


A) A sports car
B) Utilities
C) Chewing gum
D) A cell phone

Correct Answer:

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