Assuming the demand curve is downward sloping,as price increases,the price elasticity of demand for a good (in absolute value)and marginal revenue:
A)increase.
B)stay the same.
C)decrease.
D)cannot be determined.

Question

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The Answer of Assuming the demand curve is downward sloping,as price increases,the price elasticity of demand for a good (in absolute value)and marginal revenue:
A)increase.
B)stay the same.
C)decrease.
D)cannot be determined.

Assuming the Demand Curve Is Downward Sloping,as Price Increases,the Price