Identify a Statement That Is True About a Linear Demand

question 2

Multiple Choice

Identify a statement that is true about a linear demand curve.

• A)Along a linear demand curve, both the slope and price elasticity are constant.
• B)Along a linear demand curve, the price elasticity is constant, but the slope varies.
• C)Along a linear demand curve, total revenues are constant.
• D)Along a linear demand curve, the slope is constant, but the price elasticity varies.
• E)Along a linear demand curve, total revenues are negative.

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