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    Economics for Today Study Set 1
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    Exam 6: Elasticity of Demand and Supply
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    As Price Decreases and We Move Down Further Along a Linear
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As Price Decreases and We Move Down Further Along a Linear

Question 81

Question 81

Multiple Choice

As price decreases and we move down further along a linear demand curve, the price elasticity of demand will:


A) decrease.
B) increase.
C) stay the same.
D) approach infinity.

Correct Answer:

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