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Consider the case of a linear demand curve

Economics

Consider the case of a linear demand curve. Which statement is true?

a. Revenue is maximized at the midpoint of the demand curve,

b. The price elasticity of demand is -1 at the midpoint of the demand curve,

c. The left-hand half of the demand curve is elastic, whereas the price elasticity of demand is inelastic in the right-hand half of the demand curve,

d. All of the above,

e. None of the above statements are true.

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