Multiple Choice
Refer to the figure below. When P = 4, the price elasticity of demand for the demand curve D1 is ______ and D2 is ______.
A) 3; 3
B) 2/3; 1/3
C) 1/3; 3
D) 1/3; 2/3
Correct Answer:

Verified
Correct Answer:
Verified
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