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    Exam 3: Empirical Methods for Demand Analysis
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    If the Demand Curve Is Given by Q = a
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If the Demand Curve Is Given by Q = a

Question 65

Question 65

Multiple Choice

If the demand curve is given by Q = a + bp, then a is


A) negative.
B) the quantity demanded when price is zero.
C) the slope of the demand curve.
D) measured in money.

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