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180 180 140 120 100 PRICE (Dollars per unit) 80 R 20 20 40 5 00 80 100 120 140 180 180 200 QUANTITY (Units)

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180 180 140 120 100 PRICE (Dollars per unit) 80 R 20 20 40 5 00 80 100 120 140 180 180 200 QUANTITY (Units) Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False Between points V and Z, curve $5 is perfectly elastic. O O Curve RR is less elastic between points V and Y than curve QQ is between points V and X. O O Between points V and Y, curve RR is inelastic. O O

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