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    If at a Price of $24, Octavia Sells 36 Homegrown
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If at a Price of $24, Octavia Sells 36 Homegrown

Question 97

Question 97

Multiple Choice

If at a price of $24, Octavia sells 36 homegrown orchids and at $30 she sells 24 homegrown orchids, what is the demand for her orchids?


A) Elastic
B) Inelastic
C) Unit-elastic
D) Perfectly elastic

Correct Answer:

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