Refer to the figure below. When the price is equal to 8, the price elasticity of demand for the demand curve D1 is ______ and for D2 the price elasticity of demand is _____.
A)4; 1
B)1; 4
C)4; 4
D)2; 4

Question

Refer to the figure below. When the price is equal to 8, the price elasticity of demand for the demand curve D1 is ______ and for D2 the price elasticity of demand is _____. 
A)4; 1 
B)1; 4 
C)4; 4 
D)2; 4

Quizplus · Accepted Answer

The Answer of Refer to the figure below. When the price is equal to 8, the price elasticity of demand for the demand curve D1 is ______ and for D2 the price elasticity of demand is _____. 
A)4; 1 
B)1; 4 
C)4; 4 
D)2; 4

Refer to the Figure Below