Question
In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be
Answer: Option B
In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be 1.
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In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be 1.
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