Price elasticity of demand along a linear, downward-sloping demand curve decreases as price falls

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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An individual supply schedule is usually shown on a ______.

a. table b. graph c. pie chart d. Venn diagram

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In the Keynesian model, the most important influence on planned consumption is

a. the interest rate. b. expectations. c. disposable income. d. the price level.

Economics