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Use the Table Below to Answer the Following Questions

Question 76

Multiple Choice

Use the table below to answer the following questions.
Table 4.1.1
Demand schedule for good A.
Use the table below to answer the following questions. Table 4.1.1 Demand schedule for good A.    -Refer to Table 4.1.1. Demand is unit elastic when the price falls from A) $8 to $7. B) $7 to $6. C) $6 to $5. D) $5 to $4. E) $4 to $3.
-Refer to Table 4.1.1. Demand is unit elastic when the price falls from


A) $8 to $7.
B) $7 to $6.
C) $6 to $5.
D) $5 to $4.
E) $4 to $3.

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