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Use the Figure Below to Answer the Following Question(s)

Question 15

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 7-6
Use the figure below to answer the following question(s) . Figure 7-6 Between $3 and $4, the price elasticity of the demand curve depicted in Figure 7-6 is A) relatively inelastic. B) approximately equal to − 0.33. C) approximately equal to − 3. D) both a and b.
Between $3 and $4, the price elasticity of the demand curve depicted in Figure 7-6 is


A) relatively inelastic.
B) approximately equal to − 0.33.
C) approximately equal to − 3.
D) both a and b.

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