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In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be

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In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be

A).  0

B).  1

C).  1.5

D).  2


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In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be 1.

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