Ans: D. Along a linear demand curve, the slope is constant, but the price elasticity varies. Along a linear demand curve, total revenues are negative.
Identify a statement that is true about a linear demand curve.
A. Along a linear demand curve, both the slope and price elasticity are constant.
B. Along a linear demand curve, the price elasticity is constant, but the slope varies.
C. Along a linear demand curve, total revenues are constant.
D. Along a linear demand curve, the slope is constant, but the price elasticity varies. Along a linear demand curve, total revenues are negative.
Economics
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