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Author Question: Price elasticity is unit elastic at the midpoint of a linear, downward-sloping demand curve. a. ... (Read 61 times)

mydiamond

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on: Jul 1, 2018
Price elasticity is unit elastic at the midpoint of a linear, downward-sloping demand curve.
 a. True
  b. False

Question 2

Elasticity rises as price falls along a linear, downward-sloping demand curve.
 a. True
  b. False


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mammy1697

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


mydiamond

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

cpetit11

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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