Assume That a Market Demand Curve Is Constructed from One

Multiple Choice

Assume that a market demand curve is constructed from one hundred identical individual demand curves.Assume also that at a price of $4,the elasticity of individual demand is 0.6.Then the elasticity of the market demand curve derived from these individual demand curves must be:

A) 0.6.
B) any value more than 0.6.
C) any value less than 0.6.
D) 60.