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Exhibit 19-1 ​ Refer to Exhibit 19-L. the Demand for the Good Represented

Question 64

Multiple Choice

Exhibit 19-1 ​
Exhibit 19-1 ​   Refer to Exhibit 19-l. The demand for the good represented by demand curve D<sub>3</sub> is A) inelastic. B) elastic. C) unit elastic. D) perfectly elastic. E) more elastic at higher prices than at lower prices.
Refer to Exhibit 19-l. The demand for the good represented by demand curve D3 is


A) inelastic.
B) elastic.
C) unit elastic.
D) perfectly elastic.
E) more elastic at higher prices than at lower prices.

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