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    Exam 6: Describing Supply and Demand: Elasticities
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    Along a Downward-Sloping Straight-Line Demand Curve Beginning at the Price
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Along a Downward-Sloping Straight-Line Demand Curve Beginning at the Price

Question 141

Question 141

Multiple Choice

Along a downward-sloping straight-line demand curve beginning at the price where demand intersects the price axis, as price declines, revenue:


A) declines.
B) rises.
C) declines and then rises.
D) rises and then declines.

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