Use the Figure Below to Answer the Following Question

question 102

Multiple Choice

Use the figure below to answer the following question.

Figure 4.1.1
-Figure 4.1.1 illustrates a linear demand curve. Comparing the price elasticity in the $2 to $3 price range with the elasticity in the $8 to $9 range, we can conclude

• A)that demand is more elastic in the $8 to $9 price range.
• B)that demand is more elastic in the $2 to $3 price range.
• C)that the price elasticity of demand is the same in both price ranges.
• D)nothing without numerical information about quantities.
• E)that the price elasticity of demand is zero in both price ranges because the demand curve is a straight-line demand curve.

---

Definitions:

Disagree With

The act of not sharing the same opinion, judgment, or statement as someone else.

Really Listen

The act of fully concentrating, understanding, responding, and remembering what is being said in a conversation.

Understand Their View

The act of empathetically recognizing and considering someone else's perspective or opinion.

Example of Preaching

An example of preaching typically involves delivering a sermon or moralistic lecture, often within a religious context, aimed at instructing or guiding others in moral or spiritual matters.