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-The Figure Above Illustrates a Linear Demand Curve

Question 204

Multiple Choice

-The figure above illustrates a linear demand curve. If the price rises from $6 to $8 demand is ________ and if the price falls from $8 to $6 demand is ________. A) elastic; elastic B) elastic; inelastic C) inelastic; elastic D) inelastic; inelastic
-The figure above illustrates a linear demand curve. If the price rises from $6 to $8 demand is ________ and if the price falls from $8 to $6 demand is ________.


A) elastic; elastic
B) elastic; inelastic
C) inelastic; elastic
D) inelastic; inelastic

Correct Answer:

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