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With a Downward- Sloping Straight- Line Demand Curve, Price Elasticity

Question 3

Multiple Choice

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


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

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