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    Macroeconomics Study Set 57
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    Exam 4: Elasticity
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    If Consumers' Buying Decisions Are Not Very Sensitive to Changes
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If Consumers' Buying Decisions Are Not Very Sensitive to Changes

Question 83

Question 83

Multiple Choice

If consumers' buying decisions are not very sensitive to changes in price, then their demand is:


A) more elastic.
B) less elastic.
C) perfectly inelastic.
D) unit elastic.

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