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-Consider the Straight-Line Demand Curve Illustrated in the Figure Above

Question 190

Multiple Choice

-Consider the straight-line demand curve illustrated in the figure above. At a price of $6, demand is A) inelastic. B) elastic. C) unit elastic. D) More information is needed to determine if the demand is elastic, unit elastic, or inelastic.
-Consider the straight-line demand curve illustrated in the figure above. At a price of $6, demand is


A) inelastic.
B) elastic.
C) unit elastic.
D) More information is needed to determine if the demand is elastic, unit elastic, or inelastic.

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