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    Microeconomics Theory and Applications Study Set 2
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    Exam 11: Monopoly
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    Prove That the Linear Demand Curve, Where
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Prove That the Linear Demand Curve, Where

Question 51

Question 51

Essay

Prove that the linear demand curve, Prove that the linear demand curve,   where    and    are positive constants,is unit elastic at its mid-point. where Prove that the linear demand curve,   where    and    are positive constants,is unit elastic at its mid-point. and Prove that the linear demand curve,   where    and    are positive constants,is unit elastic at its mid-point.
are positive constants,is unit elastic at its mid-point.

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