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)…In the diagram below, the curve which represents…What effect will an increase in price have on the…When a change in price does not affect the quantity…Determine the price elasticity of demand if the…