Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

A good’s demand curve has unit price elasticity at all points along it. Which of the following statements about marginal revenue is correct?

  • AIt always has a negative value.
  • BIt decreases continuously as price decreases.
  • CIt is always zero.
  • DIt always has a constant positive value.

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