Use the Following to Answer Question(s): Demand and Price Elasticity

Multiple Choice

Use the following to answer question(s) : Demand and Price Elasticity 2

-(Exhibit: Demand and Price Elasticity 2) The price elasticity of demand between points B and A is:

A) -7.
B) -0.143
C) cannot be calculated since quantity is zero at the price of $8.
D) 1, since total revenue is zero at the price of $8 and $12 at the price of $6.