Refer to the Table Shown to Answer the Question A) Elastic

question 30

Multiple Choice

Refer to the table shown to answer the question. Between $2 and $2.20, demand is: $$\begin{array} { | c | c | } \hline \text { Price } & \text { Quantity Demanded } \\\hline \$ 1.60 & 130 \\\hline \$ 1.80 & 120 \\\hline \$ 2.00 & 110 \\\hline \$ 2.20 & 100 \\\hline \$ 2.40 & 90 \\\hline \$ 2.60 & 80 \\\hline\end{array}$$

• A) elastic.
• B) unit elastic.
• C) inelastic.
• D) perfectly elastic.

---

Definitions:

Slope

A measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Indicated Pairs

Pairs of elements or items that are specified or identified in a particular context or problem.

Parallel

Lines or planes that are the same distance apart over their entire length, never meeting.

Points

Specific locations in space defined by coordinates in a given dimension (2D, 3D, etc.).