Demand Schedule for Ski Tickets

question 42

Multiple Choice

Demand Schedule for Ski Tickets
TABLE 4-2
-Refer to Table 4-2.Using the data provided to plot the demand curve for ski tickets results in a ________ demand curve.Price elasticity along this demand curve is therefore ________ as price is falling.

• A)horizontal; constant at a value of 8
• B)vertical; constant at a value of 0
• C)rectangular hyperbola; constant at a value of 1
• D)downward sloping and linear; continuously increasing
• E)downward sloping and linear; continuously decreasing

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