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Which of the Following Statements About the Diagram Below Is

Question 79

Multiple Choice

Which of the following statements about the diagram below is true? Which of the following statements about the diagram below is true? A) Demand is infinitely elastic. B) Demand is completely inelastic. C) Demand becomes more inelastic as price declines. D) Demand becomes more elastic as price declines.


A) Demand is infinitely elastic.
B) Demand is completely inelastic.
C) Demand becomes more inelastic as price declines.
D) Demand becomes more elastic as price declines.

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