When a firm’s average revenue curve is downward-slopping; it’s price elasticity of demand will be? By: Sunday|Published on: Oct 26|Categories: 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:In the diagram below, the curve which represents…A Nigerian household demand curve for semovita is…For a monopolist, the average revenue (AR) curve is?The demand curve for a commodity is downward sloping…Demand is said to be price elastic, if the absolute…SEE ALSO In the long term run factors of production are considered to be?