Multiple Choice
Figure 2.4.2
-Refer to Figure 2.4.2 above. Fill in the blanks. For any price higher than P*, the quantity demanded ________, while for any price lower than P*, the quantity demanded ________.
A) drops to zero; increases without limit
B) drops to zero; remains constant
C) increases without limit; does not exist
D) does not exist; is unpredictable
Correct Answer:

Verified
Correct Answer:
Verified
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