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

question 92

Multiple Choice

Refer to the following table to answer the question. Supply shown by the table is: $$\begin{array} { | c | c | } \hline \text { Price } & \text { Quantity Demanded } \\\hline \$ 6.00 & \mathbf { 8 0 } \\\hline \$ 8.00 & 90 \\\hline \$ 10.00 & 100 \\\hline \$ 12.00 & 110 \\\hline \$ 14.00 & 120 \\\hline\end{array}$$

• A) elastic.
• B) unit elastic.
• C) inelastic.
• D) changing as price changes.