Multiple Choice
Exhibit 5.3
-Refer to Exhibit 5.3,which shows a linear demand curve.Between points A and B,the elasticity of demand is ____ and demand is _____
A) 1; unit elastic.
B) 1.89; elastic.
C) 0.2; inelastic.
D) infinity; perfectly elastic.
E) 1; perfectly inelastic.
Correct Answer:

Verified
Correct Answer:
Verified
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