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Figure 8-12 -Refer to Figure 8-12.Which of the Following Statements Is Not

Question 249

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Figure 8-12
Figure 8-12 -Refer to Figure 8-12.Which of the following statements is not correct? A) Supply 2 is more elastic than supply 1. B) Demand 2 is more elastic than demand 1. C) Supply 1 is more inelastic than supply 2. D) Demand 2 is more inelastic than supply 2.
-Refer to Figure 8-12.Which of the following statements is not correct?


A) Supply 2 is more elastic than supply 1.
B) Demand 2 is more elastic than demand 1.
C) Supply 1 is more inelastic than supply 2.
D) Demand 2 is more inelastic than supply 2.

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