question archive Ultimate source of demand for most products in Australia is: a

Ultimate source of demand for most products in Australia is: a

Subject:EconomicsPrice: Bought3

Ultimate source of demand for most products in Australia is: a. government b.consumers c. advertisers d.producers

 

If the demand curve is linear and downward-sloping, which of the following would NOT be correct?

the lower part of the demand curve will be less elastic than the upper part

elasticity and slope will both remain constant along the curve

elasticity will change with a movement down the curve

the upper part of the demand curve is more elastic than the lower part

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