Question
For a normal good, as quantity increases, |E| ________ (gets larger, gets smaller, stays the same, is impossible to determine) for a linear demand curve.
For a normal good, as quantity increases, |E| ________ (gets larger, gets smaller, stays the same, is impossible to determine) for a linear demand curve.
Group of answer choices
stays the same
is impossible to determine
gets larger
gets smaller
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Economics
Authors: Gregory Mankiw, Mark P. Taylor
5th Edition
1473768543, 978-1473768543
