Fill in the blanks.
-When demand is unitary elastic, ___________ effect dominates.
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Q15: Suppose the demand for good X is
Q16: The price elasticity of demand for a
Q17: The price elasticity of demand for a
Q18: Fill in the blanks.
-When demand is inelastic,
Q19: Fill in the blanks.
-When demand is elastic,
Q21: Fill in the blanks.
-When a change in
Q22: Fill in the blanks.
-When demand is elastic,
Q23: Fill in the blanks.
-When demand is inelastic,
Q24: Fill in the blanks.
-When demand is unitary
Q25: Fill in the blanks.
-If price falls and
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