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    Economics for Managers
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    Exam 3: Demand Elasticities
  5. Question
    As We Move Down a Linear Demand Curve,the Absolute Value
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As We Move Down a Linear Demand Curve,the Absolute Value

Question 108

Question 108

Multiple Choice

As we move down a linear demand curve,the absolute value of the price elasticity of demand:


A) increases.
B) stays the same.
C) decreases.
D) cannot be determined without more information.

Correct Answer:

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