Figure 6-3
-In Figure 6-3(a), at any price above $6, quantity demanded
A)falls to zero.
B)becomes infinitely large.
C)equals price.
D)equals the elasticity of demand.

Question

Figure 6-3 
-In Figure 6-3(a), at any price above $6, quantity demanded
A)falls to zero. 
B)becomes infinitely large. 
C)equals price. 
D)equals the elasticity of demand.

Quizplus · Accepted Answer

At any price above $6, the demand curve intersects with the quantity axis at zero. This means that there is no demand for the product at prices above $6. Therefore, the correct choice is (A) falls to zero.

Figure 6-3 -In Figure 6-3(a), at Any Price Above $6, Quantity Demanded