Figure 2.1 -Refer to Figure 2.1. at Point C, Demand Is

question 130

Multiple Choice

Figure 2.1
-Refer to Figure 2.1. At point C, demand is:

• A) completely inelastic.
• B) inelastic, but not completely inelastic.
• C) unit elastic.
• D) elastic, but not infinitely elastic.
• E) infinitely elastic.

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Definitions:

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