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-In the Above Figure, Over the Price Range P1P2, Demand

Question 180

Multiple Choice

-In the above figure, over the price range P<sub>1</sub>P<sub>2</sub>, demand is A) unit elastic. B) elastic. C) inelastic. D) perfectly elastic.
-In the above figure, over the price range P1P2, demand is


A) unit elastic.
B) elastic.
C) inelastic.
D) perfectly elastic.

Correct Answer:

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