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economic assignment OR: MS. G. Barewo 40 TRUCTIONS HIS PAPER CONSISTS OF FORTY (40) MULTIPLE CHOICE QUESTIONS. IT A. Choose the one alternative that best

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economic assignment

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OR: MS. G. Barewo 40 TRUCTIONS HIS PAPER CONSISTS OF FORTY (40) MULTIPLE CHOICE QUESTIONS. IT A. Choose the one alternative that best completes the statement or answers the question ure that your final answer is clear to the marker. LE CHOICE. Choose the one alternative that best completes the statement or answers the question. The slope of a demand curve depends on Al the units used to measure quantity but not the units used to measure price B) the units used to measure price and the units used to measure quantity () the units used to measure price but not the units used to measure quanot Di neither the units used to measure price nor the units used to measure quantity The price clasticity of demand depends on A the units used to measure price but not the units used to measure quantity B) the units used to measure price and the units used to measure quantity C) the units user to measure quantity but not the units used to measure price D. neither the units used to measure price nor the units used to measure quantity The price elasticity of demand measures Al the slope of a budget curve. BI how often the price of a good changes C) the responsiveness of the quantity demanded to changes in price DI how sensitive the quantity demanded is to changes in demand. When the quantity of coal supplied is measured in kilograms instead of pounds, the demand for chal becomes B) neither more nor less elastic A) more elastic D) undefined less elastics 1 20 @ doll semi, 2027

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