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- Refer to Figure 20

Question 97

Multiple Choice

- Refer to Figure 20.2.If the area 0P<sub>1</sub>AB is less than the area 0P<sub>2</sub>CD,we can conclude that the price elasticity of demand between point A and point C is A) Elastic. B) Inelastic. C) Unitary elastic.
- Refer to Figure 20.2.If the area 0P1AB is less than the area 0P2CD,we can conclude that the price elasticity of demand between point A and point C is


A) Elastic.
B) Inelastic.
C) Unitary elastic.

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