Micro Second Test

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Last updated 3:37 PM on 9/22/26

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1

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Inelastic (ED under 1)

Little change in quantity demanded based off of price shift

2

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Elastic (ED over 1)

Good amount of change in quantity demanded based off of change in price

3

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Unit Elastic (ED is 1)

Perfectly responds to price change

4

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Neegy

nig