Multiple Choice
Refer to the figure below. When the price is equal to 8, the price elasticity of demand for the demand curve D1 is ______ and for D2 the price elasticity of demand is _____.
A) 4; 1
B) 1; 4
C) 4; 4
D) 2; 4
Correct Answer:

Verified
Correct Answer:
Verified
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