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With a Downward- Sloping Straight- Line Demand Curve,price Elasticity of Demand

Question 12

Multiple Choice

With a downward- sloping straight- line demand curve,price elasticity of demand is


A) rising continuously with price increases.
B) decreasing continuously with price increases.
C) constant everywhere on it.
D) increasing to the midpoint of the curve and then decreasing.
E) indeterminate.

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