Multiple Choice
Which statement is most likely true about the demand curve in the graph?
A) Point R is unit elastic,while point S is very inelastic.
B) Point T is very inelastic,while point Q is very elastic.
C) Point Q is very inelastic,while point T is very elastic.
D) Point Q is slightly elastic,while point S is very inelastic.
Correct Answer:
Verified
Correct Answer:
Verified
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