Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: The Demand Curve for Crossings
-(Figure: The Demand Curve for Bridge Crossings) Look at the figure The Demand Curve for Bridge Crossings. By the midpoint method, the price elasticity of demand between $0.90 and $1.10 in the figure is _____, since the price elasticity is _____.

A) price-elastic; less than 1
B) price unit-elastic; equal to 1
C) price-elastic; a negative number
D) price-inelastic; less than 1