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The following graph depicts demand. At point D, demand is:
The following graph depicts demand. At point D, demand is:
A.price inelastic.
B.perfectly price elastic.
C.unit elastic.
D.price elastic.
正确答案:price inelastic.
标签:
微观经济学
中国大学MOOC微观经济学
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The following graph depicts demand. The price elasticity of demand at point D is:
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Suppose two demand curves intersect and so have a point in common. At that point, demand shown by the steeper curve will be __ the flatter curve.