Multiple Choice
-Figure 5-6 shows the demand curve for chicken.Between points L and M,the price elasticity of demand is
A) 0.44,and demand is elastic
B) 0.44,and demand is inelastic
C) 2.25,and demand is elastic
D) 2.25,and demand is inelastic
E) 0.028,and demand is inelastic
Correct Answer:

Verified
Correct Answer:
Verified
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