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1-a) Linear demand curve at the midpoint is A elastic. B inelastic C unitary elastic. D none of the above 1-b) An individual's demand curve

1-a) Linear demand curve at the midpoint is

A elastic.

B inelastic

C unitary elastic.

D none of the above

1-b)

An individual's demand curve is formulated under the assumption that price is held constant and all other determinants of demand are allowed to vary.

A FALSE

B TRUE

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