Refer to the graph shown. Between points A and B, demand is: 
A) inelastic.
B) elastic.
C) unit elastic.
D) perfectly elastic.
Correct Answer:
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Q126: Refer to the graph shown. Area C
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Q128: For normal goods, income elasticity is:
A) greater
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Q131: For necessities, income elasticity is any value:
A)
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A) greater than
Q134: Refer to the graph shown. Total revenue
Q135: Along a straight-line demand curve, total revenue
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