Question details

ECO 204 CHAPTER 5 FINAL (Micro_TIF1_9e_Chapter05)
$ 15.00
 

 

Refer to Figure 5.1. The demand for tickets is

 

A)
 

 

perfectly price elastic.

 

B)
 

 

perfectly price inelastic.

 

C)
 

 

unit price elastic.

 

D)
 

 

perfectly income inelastic.

 

Answer: 
 

 

B

 

Diff: 1

 

Topic: 
 

 

Price Elasticity of Demand

 

Skill:  
 

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