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Exhibit 20-1 -Refer to Exhibit 20-L.The Demand Curve D3 Is

Question 11

Multiple Choice

Exhibit 20-1
Exhibit 20-1 -Refer to Exhibit 20-l.The demand curve D<sub>3</sub> is A) inelastic. B) elastic. C) unit elastic. D) perfectly elastic. E) varying in elasticity along its length.
-Refer to Exhibit 20-l.The demand curve D3 is


A) inelastic.
B) elastic.
C) unit elastic.
D) perfectly elastic.
E) varying in elasticity along its length.

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