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    Exam 3: Demand Elasticities
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    At the Point on the Demand Curve at Which Marginal
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At the Point on the Demand Curve at Which Marginal

Question 16

Question 16

Multiple Choice

At the point on the demand curve at which marginal revenue = 0,the absolute value of the coefficient of the price elasticity of demand is:


A) > 1.
B) = 1.
C) < 1.
D) = 0.

Correct Answer:

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