The figure above shows the demand curve for Starbucks latte.
-In the figure above,the demand is inelastic in the range of prices between
A) $3.50 and $4.50 per cup.
B) $2.50 and $3.50 per cup.
C) $1.00 and $2.00 per cup.
D) $2.25 and $4.50 per cup.
E) $2.75 and $3.75 per cup.

Question

The figure above shows the demand curve for Starbucks latte.
-In the figure above,the demand is inelastic in the range of prices between
A) $3.50 and $4.50 per cup. 
B) $2.50 and $3.50 per cup. 
C) $1.00 and $2.00 per cup. 
D) $2.25 and $4.50 per cup. 
E) $2.75 and $3.75 per cup.

Quizplus · Accepted Answer

The Answer of  
The figure above shows the demand curve for Starbucks latte.
-In the figure above,the demand is inelastic in the range of prices between
A) $3.50 and $4.50 per cup. 
B) $2.50 and $3.50 per cup. 
C) $1.00 and $2.00 per cup. 
D) $2.25 and $4.50 per cup. 
E) $2.75 and $3.75 per cup.

The Figure Above Shows the Demand Curve for Starbucks Latte