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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
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    Moving Down a Linear Demand Curve, Price Elasticity of Demand
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Moving Down a Linear Demand Curve, Price Elasticity of Demand

Question 27

Question 27

Multiple Choice

Moving down a linear demand curve, price elasticity of demand


A) decreases.
B) varies in uncertain ways.
C) increases.
D) is constant.

Correct Answer:

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