Exhibit 5-1 Demand curves In Exhibit 5-1, the demand curve between points a and b is:
A) price elastic.
B) price inelastic.
C) unit elastic.
D) perfectly elastic.
E) perfectly inelastic.

Question

Exhibit 5-1  Demand curves  In Exhibit 5-1, the demand curve between points a and b is:
A) price elastic. 
B) price inelastic. 
C) unit elastic. 
D) perfectly elastic. 
E) perfectly inelastic.

Quizplus · Accepted Answer

The Answer of Exhibit 5-1  Demand curves  In Exhibit 5-1, the demand curve between points a and b is:
A) price elastic. 
B) price inelastic. 
C) unit elastic. 
D) perfectly elastic. 
E) perfectly inelastic.

Exhibit 5-1 Demand Curves in Exhibit 5-1, the Demand Curve