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Elasticity along a downward sloping linear demand curve A. is constant and equal to the slope times the ratio of price to quantity. B. does
Elasticity along a downward sloping linear demand curve
A. is constant and equal to the slope times the ratio of price to quantity.
B. does not vary with price unless the good is expensive.
C. is constant and equal to the slope of the curve.
D. changes along the curve.
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