Multiple Choice
If the slope of the demand curve is -0.167,price is $8 per unit and quantity demanded is 12 units,then demand for this good is
A) perfectly elastic.
B) elastic.
C) unit-elastic.
D) inelastic.
E) perfectly inelastic.
Correct Answer:

Verified
Correct Answer:
Verified
Q66: The demand for electricity has been found
Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the
Q68: The development of small satellite TV units
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the
Q72: John,Don,and Mary demand 5,7,and 3 cans of
Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the
Q74: After subsistence levels of food,shelter,and clothing are
Q75: The total utility to a person from
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the