As One Moves Southeast on a Linear Demand Curve

question 60

Multiple Choice

As one moves southeast on a linear demand curve

• A)Demand becomes more elastic
• B)Demand becomes more inelastic
• C)Elasticity stays the same
• D)One cannot tell what happens to elasticity unless the slope of demand is known

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Definitions:

Colin Powell

An American military general and statesman who served as the 65th United States Secretary of State.

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