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    Exam 7: Consumer Choice and Elasticity
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    Table 7-3 -Refer to Table 7-3.Over What Range of Prices Is the of Prices
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Table 7-3 -Refer to Table 7-3.Over What Range of Prices Is the of Prices

Question 151

Question 151

Multiple Choice

Table 7-3
Table 7-3    -Refer to Table 7-3.Over what range of prices is the demand elastic? A) over the entire range of prices B) between $14 and $16 C) between $8 and $16 D) between $2 and $8
-Refer to Table 7-3.Over what range of prices is the demand elastic?


A) over the entire range of prices
B) between $14 and $16
C) between $8 and $16
D) between $2 and $8

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