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    Business
  3. Study Set
    Microeconomics
  4. Exam
    Exam 6: Elasticity: The Responsiveness of Demand and Supply
  5. Question
    -Refer to Table 6-6
Solved

-Refer to Table 6-6

Question 21

Question 21

Multiple Choice

  -Refer to Table 6-6. Based on the data in the table, between a price of $10.99 and $12.99, the demand for streaming service is A)  elastic. B)  unit elastic. C)  inelastic. D)  perfectly inelastic.
-Refer to Table 6-6. Based on the data in the table, between a price of $10.99 and $12.99, the demand for streaming service is


A) elastic.
B) unit elastic.
C) inelastic.
D) perfectly inelastic.

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