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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
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    Along a Linear Demand Curve, Total Revenue Is Maximized When
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Along a Linear Demand Curve, Total Revenue Is Maximized When

Question 33

Question 33

Multiple Choice

Along a linear demand curve, total revenue is maximized when demand is


A) elastic
B) inelastic
C) unit elastic
D) perfectly elastic
E) perfectly inelastic

Correct Answer:

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