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Straight-line demand curve

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Reference no: EM133174100

Consider two price points at (a) and (c) for this straight-line demand curve.

If prices fell slightly from either of these two prices, Pa and Pc, at which one would expect revenues to increase? Why?

(Clue: you can plug in the numbers and see what happens. Remember, Revenue=P*Q)

Reference no: EM133174100

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