-Refer to Figure 5.2.Using the initial-value method,the value of the price elasticity of demand from Point A to Point B can be described as
A) elastic.
B) inelastic.
C) unit elastic.
D) zero.

Name: -Refer to Figure 5.2.Using the initial-value method,the value of the price elasticity of demand from Point A to Point B can be described as A) elastic. B) inelastic. C) unit elastic. D) zero.
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Question

-Refer to Figure 5.2.Using the initial-value method,the value of the price elasticity of demand from Point A to Point B can be described as
A) elastic. 
B) inelastic. 
C) unit elastic. 
D) zero.

Quizplus · Accepted Answer

The Answer is A