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FIGURE 4- 2 -Refer to Figure 4- 2. Demand Is Inelastic

Question 6

Multiple Choice

  FIGURE 4- 2 -Refer to Figure 4- 2. Demand is inelastic A)  over section (b)  of the demand curve in diagram 1. B)  over section (a)  of the demand curve in diagram 1. C)  at the midpoint between sections (a)  and (b)  of the demand curve in diagram 1. D)  over the entire demand curve in diagram 3. E)  over the entire demand curve in diagram 1. FIGURE 4- 2
-Refer to Figure 4- 2. Demand is inelastic


A) over section (b) of the demand curve in diagram 1.
B) over section (a) of the demand curve in diagram 1.
C) at the midpoint between sections (a) and (b) of the demand curve in diagram 1.
D) over the entire demand curve in diagram 3.
E) over the entire demand curve in diagram 1.

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