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  3. Study Set
    Microeconomics Study Set 30
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    Exam 6: Describing Supply and Demand: Elasticities
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    Refer to the Graph Shown
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Refer to the Graph Shown

Question 90

Question 90

Multiple Choice

Refer to the graph shown. Demand is unit elastic when revenue is: Refer to the graph shown. Demand is unit elastic when revenue is:   A)  $4,000. B)  $6,000. C)  $8,000. D)  $10,000.


A) $4,000.
B) $6,000.
C) $8,000.
D) $10,000.

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