Multiple Choice
NARRBEGIN: Exhibit 5-23
Exhibit 5-23
-Refer to Exhibit 5-23. The demand curve that best illustrates how consumers will respond to a change in price over a very long time period is:
A) curve D(1)
B) curve D(2)
C) curve D(4)
D) curve D(3)
E) either curve D(1) or D(4)
Correct Answer:

Verified
Correct Answer:
Verified
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