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Author Question: The total revenue curve that corresponds to a downward-sloping linear demand curve a. slopes ... (Read 63 times)

fagboi

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on: Jul 1, 2018
The total revenue curve that corresponds to a downward-sloping linear demand curve
 a. slopes downward
  b. slopes upward
  c. is a horizontal line
  d. first rises, then falls
  e. first falls, then rises

Question 2

Along a downward-sloping linear demand curve,
 a. slope is constant and elasticity is changing
  b. slope is changing and elasticity is constant
  c. both slope and elasticity are constant
  d. both slope and elasticity are changing
  e. no generalizations can be made about slope


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akudia

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

D

Answer to Question 2

A


fagboi

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  • Posts: 535
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

hramirez205

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

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