Use the Following to Answer Questions

question 48

Multiple Choice

Use the following to answer questions :
Figure 4-2
-Refer again to Figure 4-2.At what point along the demand curve DD is price elasticity exactly 1?

• A)P = 5, Q = 40
• B)P = 4, Q = 60
• C)P = 3,Q = 80
• D)P = 2, Q = 100
• E)P = 3.50, Q = 70

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