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    Exam 6: Elasticities
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    If the Demand Curve for a Product Is Vertical,then the Elasticity
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If the Demand Curve for a Product Is Vertical,then the Elasticity

Question 113

Question 113

Multiple Choice

If the demand curve for a product is vertical,then the elasticity of demand is:


A) equal to zero.
B) equal to one.
C) greater than one, but less than infinity.
D) equal to infinity.

Correct Answer:

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