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
Subject:EconomicsPrice:2.88 Bought3
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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