Multiple Choice
Use the following to answer questions :
Figure 4-2
-Refer again to Figure 4-2.At what point along the demand curve DD is price elasticity exactly 1?
A) P = 5, Q = 40
B) P = 4, Q = 60
C) P = 3,Q = 80
D) P = 2, Q = 100
E) P = 3.50, Q = 70
Correct Answer:

Verified
Correct Answer:
Verified
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