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The Demand Curve for Good X Is a Straight Downward-Sloping

Question 44

Multiple Choice

The demand curve for good X is a straight downward-sloping line. It follows that the demand for good X is ________ elastic at __________ prices than at __________ prices.


A) less; lower; higher
B) more; lower; higher
C) more; lower; lower
D) less; higher; lower

Correct Answer:

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