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    Business
  3. Study Set
    Economics Study Set 8
  4. Exam
    Exam 6: Describing Supply and Demand: Elasticities
  5. Question
    Refer to the Graph Shown
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Refer to the Graph Shown

Question 9

Question 9

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.

Correct Answer:

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