FIGURE 4- 2 -Refer to Figure 4- 2. in Part 1 of the 1

question 118

Multiple Choice

FIGURE 4- 2
-Refer to Figure 4- 2. In part 1 of the figure, the elasticity of demand for prices below $10 is

• A) 0.
• B) less than 1.
• C) 1.
• D) greater than 1.
• E) infinity.

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