The Advantage of an Isoelastic Demand Curve Is That

question 124

Multiple Choice

The advantage of an isoelastic demand curve is that:

• A) both price and income elasticities are constant along the curve.
• B) price elasticity is constant and income elasticity changes along the curve.
• C) income elasticity is constant and price elasticity changes along the curve.
• D) both price and income elasticity change along the curve.

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