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Question 52

Multiple Choice

Refer to the following graph to answer the question: Refer to the following graph to answer the question: Over the price range $90 to $110,marginal revenue is ________ and demand is ________. A) greater than one; inelastic B) positive; elastic C) negative; inelastic D) less than one; elastic E) none of the above Over the price range $90 to $110,marginal revenue is ________ and demand is ________.


A) greater than one; inelastic
B) positive; elastic
C) negative; inelastic
D) less than one; elastic
E) none of the above

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