As we move up along a linear demand curve, the price elasticity of demand becomes more:

A. variable.
B. log-linear.
C. elastic.
D. inelastic.


Answer: C

Economics

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A sole proprietorship is the type of business that has ________ government rules and regulations affecting it

A) only federal B) the fewest C) the most D) no

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The maximum possible production of goods and services generated by the fullest employment of the economy's resources is

a. impossible to achieve b. an unrealistic goal seldom achieved c. economic efficiency d. a point above the production possibilities curve e. possible only if the production possibilities curve shifts inward

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When money is used to express the value of goods and? services, it is functioning as a

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