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Author Question: Using the above figure, during which month was the price for crude oil the highest? A) July B) ... (Read 31 times)

aabwk4

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on: Jun 29, 2018
Using the above figure, during which month was the price for crude oil the highest?
 
  A) July
  B) December
  C) May
  D) October

Question 2

The price elasticity of demand depends on the
 
  A) proportion of consumers' budgets spent on the good.
  B) number of available substitutes.
  C) extent to which the commodity is a luxury.
  D) all of the above.


Awesome

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


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