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The Following Diagram Shows a Firm Facing a Downward- Sloping

Question 28

True/False

The following diagram shows a firm facing a downward- sloping demand curve.
The following diagram shows a firm facing a downward- sloping demand curve.    The profit- maximising quantity is equal to the point of unit elasticity of demand.   The profit- maximising quantity is equal to the point of unit elasticity of demand.

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