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Suppose at a Price of $4 and at a Price

Question 46

Multiple Choice

Suppose at a price of $4 and at a price of $6, John purchases 40 units of good X. Given this information, we know that


A) John's entire demand curve for good X is perfectly elastic.
B) John's entire demand curve for good X is inelastic.
C) John's demand for good X is perfectly inelastic between the prices of $4 and $6.
D) John's demand for good X is perfectly elastic between the prices of $4 and $6.
E) John's entire demand curve for good X is unit elastic.

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