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Refer to the Graph Above.Which Statement Is Correct

Question 69

Multiple Choice

Refer to the graph above.Which statement is correct? A) The demand curve is perfectly elastic. B) The demand curve is perfectly inelastic. C) The supply curve is perfectly elastic. D) The supply curve is perfectly inelastic. Refer to the graph above.Which statement is correct?


A) The demand curve is perfectly elastic.
B) The demand curve is perfectly inelastic.
C) The supply curve is perfectly elastic.
D) The supply curve is perfectly inelastic.

Correct Answer:

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