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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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    Along a Straight-Line Demand Curve, the Elasticity of Demand
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Along a Straight-Line Demand Curve, the Elasticity of Demand

Question 3

Question 3

Multiple Choice

Along a straight-line demand curve, the elasticity of demand:


A) is approximated by the slope of the curve.
B) is constant at every point on the curve.
C) is less elastic than along a non-linear demand curve.
D) becomes more inelastic as price falls.

Correct Answer:

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