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At All Points Above the Midpoint of a Downward-Sloping,linear Demand

Question 100

Multiple Choice

At all points above the midpoint of a downward-sloping,linear demand curve for a good,the value of the price elasticity of demand for the good is ________.


A) equal to one
B) equal to zero
C) greater than one
D) less than one, but greater than zero

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