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Figure 6-6 -Refer to Figure 6-6.As Price Falls from P_A to P_B

Question 48

Multiple Choice

Figure 6-6
Figure 6-6 -Refer to Figure 6-6.As price falls from PA to PB, the quantity demanded increases the most along D₁; therefore A) D₁ is unit elastic. B) D₁ is more inelastic than D₂ or D₃. C) D₁ is more elastic than D₂ or D₃ D) D₁ is elastic at PA but inelastic at PB.
-Refer to Figure 6-6.As price falls from P_A to P_B, the quantity demanded increases the most along D₁; therefore

A) D₁ is unit elastic.
B) D₁ is more inelastic than D₂ or D₃.
C) D₁ is more elastic than D₂ or D₃
D) D₁ is elastic at P_A but inelastic at P_B.

Figure 6-6 -Refer to Figure 6-6.As Price Falls from PA to PB

Multiple Choice

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Figure 6-6 -Refer to Figure 6-6.As Price Falls from P_A to P_B

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