Question

1) Price elasticity of demand on a linear demand
curve at the X axis is
a) zero
c) infinity
b) one
d) less than one​

Answer 1

Answer:

(d) less than one...

Explanation:

Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative

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Answer 2

Answer:

d) less than one

Explanation:

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