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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    Does the Fact That the Price Elasticity of Demand for a Good
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Does the Fact That the Price Elasticity of Demand for a Good

Question 61

Question 61

Essay

Does the fact that the price elasticity of demand for a good is inelastic violate the law of demand?

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No,if the demand is inelastic,when the p...

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