A. Along a straight-line downward sloping demand curve, as Qd is increasing, the elasticity measurement is:...

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A. Along a straight-line downward sloping demand curve, as Qd is increasing, the elasticity measurement is: 1. Constant 2. Eq

business economics

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Answer 1

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A) As quantity demanded increases, the elasticity is decreasing

option(3)

B) Cross price elasticity is positive so the goods are a substitute to one another

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Answer 2

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