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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
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    At the Midpoint of a Straight-Line Demand Curve,the Price Elasticity
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At the Midpoint of a Straight-Line Demand Curve,the Price Elasticity

Question 92

Question 92

Multiple Choice

At the midpoint of a straight-line demand curve,the price elasticity of demand is always:


A) greater than one.
B) less than one.
C) unitary.
D) zero.

Correct Answer:

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