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-The Above Figure Shows the Demand Curve for Movie Rentals

Question 172

Multiple Choice

  -The above figure shows the demand curve for movie rentals from Redbox. At which of the following prices is the demand unit elastic? A)  $5.00 B)  $3.50 C)  $2.50 D)  $0.00
-The above figure shows the demand curve for movie rentals from Redbox. At which of the following prices is the demand unit elastic?


A) $5.00
B) $3.50
C) $2.50
D) $0.00

Correct Answer:

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