Multiple Choice
Use the following to answer question: 
-(Figure: The Linear Demand Curve II) Use Figure: Linear Demand Curve II.At prices greater than $7,demand is _____;at prices below $7,demand is _____;and at $7,demand is _____.
A) elastic;inelastic;unit-elastic
B) inelastic;elastic;unit-elastic
C) unit-elastic;inelastic;elastic
D) equal to 0;elastic;inelastic
Correct Answer:
Verified
Correct Answer:
Verified
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