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    A Straight-Line Downward-Sloping Demand Curve Has a Price Elasticity of Demand
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A Straight-Line Downward-Sloping Demand Curve Has a Price Elasticity of Demand

Question 292

Question 292

Multiple Choice

A straight-line downward-sloping demand curve has a price elasticity of demand which


A) decreases as price decreases.
B) increases as price decreases.
C) is zero at all prices.
D) is unitary at all prices.

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