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Question
As we move along a downward sloping straight line demand curve from left to right, price
an elasticity of demand : (choose the correct alternative)
(a) remains unchanged
(b) goes on falling
(c) goes on rising
(d) falls initially then rises
Solution
goes on falling
As we move along a downward sloping straight line demand curve from left to right, the price elasticity of demand goes on falling.
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