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When a linear demand curve can be expressedas Q = a-bP which region corresponds to the elastic portion of the demand curve? A. price range
When a linear demand curve can be expressedas Q = a-bP which region corresponds to the elastic portion of the demand curve?
A. price range from a/b to a/2b.
B. price range from a/2b to 0.
C. quantity range from a/2 to a.
D. only when quantity equals a/2.
Please explain in details, thanks
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