Question 6 Refer to the graph shown. Which point has an elasticity greater than 1? Price O O O 10 8 2 E U D A 1 2 4 B 1

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Question 6 Refer To The Graph Shown Which Point Has An Elasticity Greater Than 1 Price O O O 10 8 2 E U D A 1 2 4 B 1 1 (58.67 KiB) Viewed 9 times

Question 6 Refer to the graph shown. Which point has an elasticity greater than 1? Price O O O 10 8 2 E U D A 1 2 4 B 1 6 с D E 1 8 10 12 Quantity

Question 7 Refer to the graph shown. At which point is elasticity zero? Price O O O A B 5 3 2 1 1 2 B 3 Quantity 4 5

Question 12 Refer to the graph shown. When price is $40, revenue equals areas: Price 60 50 40 30 20 10 0 0 O A only. A B D A1 C O A and B only. O A, B, and D only. O A, B, C, D, and E. E A2 F I 5 10 15 20 A3 25 30 35 1 40 1 I 1 45 50 55 60 Quantity 1 pts

Question 15 For complements: cross-price elasticity of demand is negative. cross-price elasticity of demand is positive. O price elasticity of income is negative. price elasticity of income is positive. 1 pts