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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Consider the following types of demand curves:
a.   a vertical demand curve
b.   a horizontal demand curve
c.   a linear downward-sloping demand curve

Which of the demand curves listed exhibits a price elasticity of demand coefficient that remains constant along the demand curve?
A) a only
B) b only
C) a and b only
D) a, b, and c
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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wrote...
8 years ago
The textbook reference in your signature really helped me narrow it down.

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