-In the demand curve shown in the above graph we are closest to unit elasticity at point
A)point Q.
B)point R.
C)point S.
D)point T.

Name: -In the demand curve shown in the above graph we are closest to unit elasticity at point A)point Q. B)point R. C)point S. D)point T.
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Question

-In the demand curve shown in the above graph we are closest to unit elasticity at point
A)point Q. 
B)point R. 
C)point S. 
D)point T.

Quizplus · Accepted Answer

Point S is closest to unit elasticity because it is typically located where the demand curve is neither too steep nor too flat, indicating a proportional change in quantity demanded relative to price changes.

-In the Demand Curve Shown in the Above Graph We