The following graph depicts demand. 
The price elasticity of demand at point D is:
A. 2/5.
B. 2.
C. 1/2.
D. 5/2.
Answer: A
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Which factors will cause the consumption function to shift? Which factors do not cause the function to shift?
Dynaflex Corp. is considering an investment project that costs $900 today. It expects the project will yield income of $350 at the end of years 1, 2, and 3. If the interest rate is 10%, the firm
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