FIGURE 4- 2 -Refer to Figure 4- 2. in Part 1 of the 1

Multiple Choice

FIGURE 4- 2
-Refer to Figure 4- 2. In part 1 of the figure, the elasticity of demand over the price range $14 to $16 is

A) 0.
B) less than 1.
C) 1.
D) greater than 1.
E) infinity.