An Amateur Econ Quiz by YoDa.
Increase by 2250 acres
Decrease by 2250 acres
Increase by 15 acres
Decrease by 15 acres
Remain the Same
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Elastic
Inelastic
Unit Elastic
Superior
Inferior
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Elastic
Inelastic
Unit Elastic
Remain the Same
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Income Elasticity of Demand
Time Elasticity of Demand
Close Substitute Elasticity of Demand
Cross-Price Elasticity of Demand
Market Elasticity of Demand
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5/4, Complements
4/5, Complements
5/4, Substitutes
4/5, Substitutes
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The quantity supplied drops in great amount.
The quantity demanded falls slightly.
The quantity demanded drops in great amount.
The quantity supplied falls slightly.
The quantity demanded increases substantially.
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