FIGURE 4-2 -Refer to Figure 4-2.In Diagram 1,the Elasticity of Demand Over

question 129

Multiple Choice

FIGURE 4-2
-Refer to Figure 4-2.In diagram 1,the elasticity of demand over the price range $12 to $14 is

• A)0.
• B)less than 1.
• C)1.
• D)greater than 1.
• E)infinity.