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ich of the following statements is correct?A . As we move down a demand curve, the price elasticity becomes relatively inelastic.B . The own price
ich of the following statements is correct?A As we move down a demand curve, the price elasticity becomes relatively inelastic.B The own price elasticity of demand is constant at all points along a linear demand curve.C As the price of X falls and we move down an individual's demand curve for X the money income of the individual also changes. If a firm decreases the price of its product, its total revenue must decrease.XPrice and total revenue are positively related.
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