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Refer to the Graph Shown

question 74

Multiple Choice

Refer to the graph shown. Area C plus area E is: Refer to the graph shown. Area C plus area E is:   A) smaller than area A, because demand is elastic between $30 and $40. B) larger than area A, because demand is inelastic between $30 and $40. C) smaller than area A, because demand is inelastic between $30 and $40. D) larger than area A, because demand is elastic between $30 and $40.


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