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question 3 and 4 please Question 3 D! 0.5 pts If the price of natural gas rises, when is the price elasticity:r of demand likely

question 3 and 4 please

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Question 3 D! 0.5 pts If the price of natural gas rises, when is the price elasticity:r of demand likely to be the highest? one month after the price increase one year after the price increase ; immediately after the price increase three months after the price increase Question 4 D! 0.5 pts For a good that is a luxury. demand ; tends to be inelastic; cannot be represented by a demand curve in the usual way. tends to be elastic. has unit elasticity

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