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borteleto borteleto
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Posts: 2477
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5 years ago
An increase in subway fares in New York City will boost your expenditures on subway rides if
A) the supply of subway rides is elastic.
B) the supply of subway rides is inelastic.
C) your demand for subway rides is elastic.
D) your demand for subway rides is inelastic.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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wrote...
5 years ago
 D
borteleto Author
wrote...
5 years ago
Mind blown, I've bookmarked this site on told my friends
wrote...
5 years ago
Really appreciate that
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