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Pick the scarce good below with the completely inelastic demand curve.
Sublight2097
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Pick the scarce good below with the completely inelastic demand curve.
Pick the scarce good below with the completely inelastic demand curve.
A) Clean air
B) Clean water
C) Tropical rain forests
D) Well-maintained national-forest fisheries
E) Trick question: none of the above goods have a completely inelastic demand curve.
Textbook
The Economic Way of Thinking
Edition:
13
th
Authors:
Heyne, Boettke, Prychitko
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Sublight2097
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Another one in the books, marking it solved.
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