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-Refer to Figure 5

question 58

Multiple Choice

-Refer to Figure 5.3.At Point C the price elasticity of demand is 1.Along line segment BC of the demand curve,the demand is A) elastic. B) unit elastic. C) inelastic. D) either elastic or inelastic, depending on whether price increases or decreases.
-Refer to Figure 5.3.At Point C the price elasticity of demand is 1.Along line segment BC of the demand curve,the demand is

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