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    Exam 5: Elasticity of Demand and Supply
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    Exhibit 5-9 -Between Points a and B on the Demand Curve in Demand
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Exhibit 5-9 -Between Points a and B on the Demand Curve in Demand

Question 53

Question 53

Multiple Choice

Exhibit 5-9 Exhibit 5-9   -Between points a and b on the demand curve in Exhibit 5-9, demand is A)  perfectly elastic B)  elastic C)  perfectly inelastic D)  inelastic E)  unit elastic
-Between points a and b on the demand curve in Exhibit 5-9, demand is


A) perfectly elastic
B) elastic
C) perfectly inelastic
D) inelastic
E) unit elastic

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