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    Microeconomics Study Set 30
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    Exam 6: Describing Supply and Demand: Elasticities
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    Along a Straight-Line Supply Curve
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Along a Straight-Line Supply Curve

Question 23

Question 23

Multiple Choice

Along a straight-line supply curve:


A) elasticity rises as price rises.
B) elasticity declines as price declines.
C) elasticity is equal to slope.
D) the change in elasticity depends on the supply curve in question.

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