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Elasticity of Demand a. is %AP + %AQd b. is less than one when marginal revenue is positive. c. is always greater than one. d.

Elasticity of Demand a. is %AP + %AQd b. is less than one when marginal revenue is positive. c. is always greater than one. d. is always greater than one when marginal revenue is negative. e. gets smaller as price falls along demand

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