The Following Question Are Based on the Following Information Regarding

question 52

Multiple Choice

The following question are based on the following information regarding the gross monthly receipts of a miniature golf course in a resort community at the shore.

-Between $2.50 and $3.00,demand is

• A) perfectly price inelastic.
• B) relatively price inelastic.
• C) relatively price elastic.
• D) of unitary elasticity.
• E) absolutely elastic.

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