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The price elasticity of demand for a downward sloping straightline demand curve is: a. constant as the price changes along the curve b. a number
The price elasticity of demand for a downward sloping straightline demand curve is:
a. constant as the price changes along the curve
b. a number ranging from negative infinity to positiveinfinity
c. given by the ratio of price and quantity
d. lower in absolute value as the price drops along thecurve
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