-The above figure shows the demand and cost curves facing a monopoly.At the profit-maximizing price,the elasticity of demand equals
A) -1.
B) zero.
C) infinity.
D) -3.

Question

-The above figure shows the demand and cost curves facing a monopoly.At the profit-maximizing price,the elasticity of demand equals
A) -1. 
B) zero. 
C) infinity. 
D) -3.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the demand and cost curves facing a monopoly.At the profit-maximizing price,the elasticity of demand equals
A) -1. 
B) zero. 
C) infinity. 
D) -3.

-The Above Figure Shows the Demand and Cost Curves Facing