When a firm’s average revenue curve is downward-slopping; it’s price elasticity of demand will be? by Sunday | Oct 26 | Economics JAMB | 0 comments A. Zero B. Greater than one C. One D. Between zero and infinity Correct Answer: Option C – One Users Also Read These:The relationship between the marginal revenue (MR)…Given a market demand curve Q=120-2p and a supply…Demand is said to be price elastic, if the absolute…What effect will an increase in price have on the…If the coefficient of price elasticity of demand of…