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14. Which of the following statements is true about the price elasticity of demand along a downward sloping linear demand curve? a. It is unit

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14. Which of the following statements is true about the price elasticity of demand along a downward sloping linear demand curve? a. It is unit elastic throughout the demand curve. b. It is perfectly elastic at very high prices and perfectly inelastic at very low prices. C. It is inelastic at high prices and elastic at low prices. d. It is elastic at high prices and inelastic at low prices

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