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Author Question: The price elasticity of demand for a linear demand curve follows the pattern (moving from high ... (Read 274 times)

dakota nelson

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on: Jul 1, 2018
The price elasticity of demand for a linear demand curve follows the pattern (moving from high prices to low prices)
 a. elastic, unit elastic, inelastic.
  b. unit elastic, inelastic, elastic.
  c. inelastic, unit elastic, elastic.
  d. elastic, inelastic, unit elastic.

Question 2

Vertical relationships can increase profits through
 a. preventing firms from evading regulation
  b. creating a double-markup problem
  c. making the incentives of manufacturers and retailers unaligned
  d. facilitating price discrimination


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matt

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

a

Answer to Question 2

d


dakota nelson

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

mochi09

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Reply 3 on: Yesterday
Excellent

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