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The Following Schedule Represents a Portion of Kate's Demand for Sub

Question 40

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The following schedule represents a portion of Kate's demand for sub sandwiches.  Price  Quantity Demanded  per Month $63$55$48\begin{array}{cc}\text { Price } & \text { Quantity Demanded } \\&\text { per Month }\\\$6&3\\\$5&5\\\$4&8\end{array}
Along this portion of Kate's demand curve for sub sandwiches, price elasticity of demand is:


A) equal to zero.
B) less than one.
C) equal to one.
D) greater than one.
E) infinite.

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