A Constant Price Elasticity of Demand Curve Is One Whose

question 240

Multiple Choice

A constant price elasticity of demand curve is one whose:

• A) slope is the same at every point on the curve.
• B) price elasticity of demand is the same at every point on the curve.
• C) quantity is the same at every point on the curve.
• D) price elasticity of demand and slope are the same at every point on the curve.

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