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  • Ans - Ch.03-Consumer-Behavior-and-Individual-Demand - 1 - .PDF Filename - UTF-8''Ans - Ch.03-Consumer-Behavior-and-Individual-Demand

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    Mohamed Nasser Atta
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    This document contains questions about concepts in consumer behavior and individual demand from Chapter 3. It includes completion questions testing terms like inversely, negative, inflation, and unitary elasticity. It also has true/false questions and multiple choice questions testing understanding of concepts in the chapter, like substitution and income effects, normal and inferior goods, and elastic vs inelastic demand.

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    Ans.Ch.03-Consumer-Behavior-and-Individual-Demand_1_.pdf;filename_= UTF-8''Ans.Ch.03-Consumer-Behavior-and-Individual-Demand%20%281%29

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    This document contains questions about concepts in consumer behavior and individual demand from Chapter 3. It includes completion questions testing terms like inversely, negative, inflation, and unitary elasticity. It also has true/false questions and multiple choice questions testing understanding of concepts in the chapter, like substitution and income effects, normal and inferior goods, and elastic vs inelastic demand.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    9 views1 page

    Ans - Ch.03-Consumer-Behavior-and-Individual-Demand - 1 - .PDF Filename - UTF-8''Ans - Ch.03-Consumer-Behavior-and-Individual-Demand

    Uploaded by

    Mohamed Nasser Atta
    This document contains questions about concepts in consumer behavior and individual demand from Chapter 3. It includes completion questions testing terms like inversely, negative, inflation, and unitary elasticity. It also has true/false questions and multiple choice questions testing understanding of concepts in the chapter, like substitution and income effects, normal and inferior goods, and elastic vs inelastic demand.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Chapter 4 I 55

    Ch.3 Consumer Behavior and Individual Demand


    Co111pletion Questions
    l. inversely
    2. negative
    3. inflation
    4. consu1ner's income; the an1ount of a good that he or she demands
    ). elastic
    6. inelastic
    7. unitary elasticity
    8. substitution; income
    9. 2
    10. normal
    11. $45
    12. larger; smaller
    13. fixed

    True or False
    1. False 2. True 3. False 4. True 5. True 6. True 7. True 8. False
    9. False 10. True 1L True 12. False 13. False 14. False

    lvlultiple Choice
    l. d 2. b 3. c 4. a 5. a 6. b

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