question archive A demand curve is a straight line, sloping downwards, at an angle of 45 degrees

A demand curve is a straight line, sloping downwards, at an angle of 45 degrees

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A demand curve is a straight line, sloping downwards, at an angle of 45 degrees. We can conclude that its price elasticity is:

a) variable

b) constant

c) 0.5

d) 1.0

Option 1

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Option 2

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