If the Demand Curve for Tacos Is a Downward Sloping

question 422

Multiple Choice

If the demand curve for tacos is a downward sloping straight line, at which of the following prices is the demand the most elastic?

• A) a price of $0.50 per taco
• B) a price of $1.00 per taco
• C) a price of $1.50 per taco
• D) There is not enough information given to determine at which price the demand is most elastic.

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