A monopolist must choose between two points on its demand curve.It can either sell 100 units for $3 each,or sell 150 units for $2 each.This implies that,for the given range of output,elasticity of demand for the monopolist's product is _____
A)zero.
B)one.
C)more than one but less than two.
D)infinite.
E)between zero and one.

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The Answer of A monopolist must choose between two points on its demand curve.It can either sell 100 units for $3 each,or sell 150 units for $2 each.This implies that,for the given range of output,elasticity of demand for the monopolist's product is _____
A)zero.
B)one.
C)more than one but less than two.
D)infinite.
E)between zero and one.

A Monopolist Must Choose Between Two Points on Its Demand