Multiple Choice
As one moves down a straight-line, down-sloping demand curve, price elasticity will:
A) change from elastic, to unit elastic, then to inelastic.
B) remain the same between any two points.
C) change from inelastic, to elastic, then to unit elastic.
D) change from unit elastic, to elastic, then to inelastic.
Correct Answer:
Verified
Correct Answer:
Verified
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