Use the Following to Answer Question(s): Demand and Price Elasticity

question 154

Multiple Choice

Use the following to answer question(s) : Demand and Price Elasticity 2

-(Exhibit: Demand and Price Elasticity 2) The demand curve going from point D to E:

• A) is price inelastic.
• B) is price elastic.
• C) has a slope of +1.
• D) has a slope of -2.

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