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Author Question: The price elasticity of demand for a linear demand curve follows the pattern (moving from high ... (Read 287 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
Wow, this really help

kswal303

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

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