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AP Microeconomics: Elasticity

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Last update by swtxhunnie on 05/07/2009
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AP Microeconomics  Elasticity
AP Microeconomics: Elasticity
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to review the concept of elasticity in preparation for the AP Microeconomics exam
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Free Flashcard From AP Microeconomics: Elasticity
Question: Goods A and B are substitutes. The price of Good A increases. What happens to the quanity demanded of Good B?
Answer: it increases