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Refer to the Graph Shown

Question 93

Multiple Choice

Refer to the graph shown. Area F is: Refer to the graph shown. Area F is: A) smaller than areas B and C, because demand is elastic between $10 and $30. B) larger than areas B and C, because demand is elastic between $10 and $30. C) larger than areas B and C, because demand is inelastic between $10 and $30. D) smaller than areas B and C, because demand is inelastic between $10 and $30.


A) smaller than areas B and C, because demand is elastic between $10 and $30.
B) larger than areas B and C, because demand is elastic between $10 and $30.
C) larger than areas B and C, because demand is inelastic between $10 and $30.
D) smaller than areas B and C, because demand is inelastic between $10 and $30.

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