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    Exam 19: Demand and Supply Elasticity
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    The Price Elasticity of Demand Along a Vertical Demand Curve
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The Price Elasticity of Demand Along a Vertical Demand Curve

Question 193

Question 193

Multiple Choice

The price elasticity of demand along a vertical demand curve is


A) elastic at high prices and inelastic at low prices.
B) infinite.
C) one.
D) zero.

Correct Answer:

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