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Author Question: As price decreases along a linear demand curve, price elasticity of demand decreases. a. True b. ... (Read 127 times)

NguyenJ

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on: Jul 1, 2018
As price decreases along a linear demand curve, price elasticity of demand decreases.
 a. True
  b. False

Question 2

A perfectly inelastic demand curve is
 a. a vertical straight line
  b. a horizontal straight line
  c. a downward-sloping straight line
  d. an upward-sloping straight line
  e. not a straight line


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ju

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

A

Answer to Question 2

A


NguyenJ

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Hdosisshsbshs

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  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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