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Author Question: Elasticity along a downward sloping linear demand curve A) is constant and equal to the slope of ... (Read 64 times)

panfilo

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on: Jul 1, 2018
Elasticity along a downward sloping linear demand curve
 
  A) is constant and equal to the slope of the curve.
  B) is constant and equal to the slope times the ratio of price to quantity.
  C) changes along the curve.
  D) does not vary with price unless the good is expensive.

Question 2

Nonexcludability generates a problem because individuals have an incentive to_____.
 
  a. free ride
  b. profit
  c. fight
   d. steal


cegalasso

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

C

Answer to Question 2

a


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panfilo

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Reply #2 on: Jul 1, 2018
Thank you


cegalasso

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Reply #3 on: Jul 1, 2018
No problemo


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