Figure 2.4.2
-Refer to Figure 2.4.2 above. Which of the following best describes de demand curve in this figure?
A) Demand is infinitely elastic.
B) Demand is completely inelastic.
C) Demand becomes more inelastic the lower the price.
D) Demand becomes more elastic the lower the price.

Question

Figure 2.4.2
-Refer to Figure 2.4.2 above. Which of the following best describes de demand curve in this figure?
A) Demand is infinitely elastic. 
B) Demand is completely inelastic. 
C) Demand becomes more inelastic the lower the price. 
D) Demand becomes more elastic the lower the price.

Quizplus · Accepted Answer

The Answer of  Figure 2.4.2
-Refer to Figure 2.4.2 above. Which of the following best describes de demand curve in this figure?
A) Demand is infinitely elastic. 
B) Demand is completely inelastic. 
C) Demand becomes more inelastic the lower the price. 
D) Demand becomes more elastic the lower the price.

Figure 2.4.2 -Refer to Figure 2.4.2 Above. Which of the Following Best