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Author Question: Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve. a. ... (Read 111 times)

corkyiscool3328

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on: Jun 30, 2018
Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not an explicit cost for the owner of a local pizza parlor?
 a. flour
 b. cleaning products
 c. other uses for the land that the parlor sits on
  d. pizza ovens


samiel-sayed

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


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