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When Studying How Some Event or Policy Affects a Market,elasticity

Question 3

Multiple Choice

When studying how some event or policy affects a market,elasticity provides information on the


A) equity effects on the market by identifying the winners and losers.
B) magnitude of the effect on the market.
C) speed of adjustment of the market in response to the event or policy.
D) number of market participants who are directly affected by the event or policy.

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