Refer to the information provided in Figure 5.2 below to answer the question(s) that follow. 
Figure 5.2
-Refer to Figure 5.2. At Point C the price elasticity of demand is -1. Along line segment ________ of the demand curve, the demand is inelastic.
Definitions:
Adjusting Entry
Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Single-Step Income Statement
A simplified income statement that calculates net income by subtracting expenses from revenues in one step.
Statement of Owner's Equity
A financial statement detailing changes in the equity of a company's owner(s) over time, including contributions, withdrawals, and the impacts of net income or loss.
Administrative Expenses
Overhead expenses not directly attributable to specific business operations, such as salaries of senior executives.
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