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-The Figure Above Illustrates a Linear Demand Curve

Question 247

Multiple Choice

-The figure above illustrates a linear demand curve. In the range from $8 to $6 A) the demand is price elastic. B) the demand is unit elastic. C) the demand is price inelastic. D) more information is needed to determine if the demand is price elastic, unit elastic, or inelastic.
-The figure above illustrates a linear demand curve. In the range from $8 to $6


A) the demand is price elastic.
B) the demand is unit elastic.
C) the demand is price inelastic.
D) more information is needed to determine if the demand is price elastic, unit elastic, or inelastic.

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