The price elasticity of demand for a linear demand curve follows the pattern (moving from high prices to low prices)
a. elastic, unit elastic, inelastic.
b. unit elastic, inelastic, elastic.
c. inelastic, unit elastic, elastic.
d. elastic, inelastic, unit elastic.
a
Economics
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If the GDP per capita is $2,000, and the population is 150,000 people, then the GDP must be:
A. $300,000. B. $7,500. C. $300,000,000. D. $75.
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