Multiple Choice
The following question are based on the following information regarding the gross monthly receipts of a miniature golf course in a resort community at the shore.
-Between $2.50 and $3.00,demand is
A) perfectly price inelastic.
B) relatively price inelastic.
C) relatively price elastic.
D) of unitary elasticity.
E) absolutely elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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