Multiple Choice
Use the table below to answer the following questions.
Table 4.1.1
Demand schedule for good A.
-Refer to Table 4.1.1. Demand is unit elastic when the price falls from
A) $8 to $7.
B) $7 to $6.
C) $6 to $5.
D) $5 to $4.
E) $4 to $3.
Correct Answer:

Verified
Correct Answer:
Verified
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