Answer the Question on the Basis of the Following Demand

question 198

Multiple Choice

Answer the question on the basis of the following demand schedule. The price elasticity of demand is unity

• A) throughout the entire price range, because the slope of the demand curve is constant.
• B) in the $4-$3 price range only.
• C) over the entire $3-$1 price range.
• D) over the entire $6-$4 price range.

---

Definitions:

Sincere Apology

An expression of regret that is genuine and intended to make amends for a mistake or wrong.

Neutral Buffer

A neutral buffer acts as an introductory statement in communication, often used to ease into a sensitive subject without causing immediate offense or defense.

Indirect Approach

A communication technique in which the main point or message is not presented immediately but introduced gradually in the context.

Decision Ordering

The arrangement or sequencing of decisions based on their priority, complexity, or impact, often used in problem-solving and strategic planning.