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Exhibit 6-2 Refer to Exhibit 6-2

question 132

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Exhibit 6-2 Exhibit 6-2   Refer to Exhibit 6-2.Elasticity varies along a linear demand curve.Graph B represents the section of the curve where: A)  the curve is elastic. B)  E<sub>d</sub> is > 1. C)  starting at P<sub>1</sub>, an increase in price will lead to a decrease in total revenue. D)  all of the above are correct. Refer to Exhibit 6-2.Elasticity varies along a linear demand curve.Graph B represents the section of the curve where:


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