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Refer to the Above Data

Question 63

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  Refer to the above data.Over which price range is the price elasticity of demand elastic? A)  $4-$6 B)  $6-$8 C)  $10-$12 D)  $12-$14 Price elasticity is always highest the farther up the demand curve one goes under a straight-line,downsloping demand curve. Refer to the above data.Over which price range is the price elasticity of demand elastic?


A) $4-$6
B) $6-$8
C) $10-$12
D) $12-$14
Price elasticity is always highest the farther up the demand curve one goes under a straight-line,downsloping demand curve.

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