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Author Question: If the demand curve for oranges is a downward sloping straight line, the price elasticity of demand ... (Read 73 times)

erika

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If the demand curve for oranges is a downward sloping straight line, the price elasticity of demand will increase the
 
  A) higher the price of oranges.
  B) higher the price of other fruits.
  C) higher the income level of consumers.
  D) lower the price of oranges.

Question 2

Based on the table, what is the marginal social benefit from the 45th slice of pizza?
 
  A) 3.50
  B) 3.25
  C) 0.50
  D) 9



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JaynaD87

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Answer to Question 1

A

Answer to Question 2

You are a life saver.




erika

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Reply 2 on: Jun 29, 2018
Excellent


Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
Wow, this really help

 

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