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Along a Linear Demand Curve,total Revenue Is Maximized

Question 19

Multiple Choice

Along a linear demand curve,total revenue is maximized:


A) where the slope of a line from the origin to the demand curve is equal to the elasticity.
B) where the elasticity is -1.
C) near the quantity axis intercept.
D) near the price axis intercept.
E) where the elasticity is 0.

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