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    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    -Using the Table Above,the Elasticity of Demand Is Equal to 1
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-Using the Table Above,the Elasticity of Demand Is Equal to 1

Question 72

Question 72

Multiple Choice

  -Using the table above,the elasticity of demand is equal to 1 at a price of A)  $8. B)  $6. C)  $5. D)  $3. E)  $1.
-Using the table above,the elasticity of demand is equal to 1 at a price of


A) $8.
B) $6.
C) $5.
D) $3.
E) $1.

Correct Answer:

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