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5 D Refer to the figure above. At P = 3, the point elasticity of demand is _ which indicates that demand is at that

5 D Refer to the figure above. At P = 3, the point elasticity of demand is _ which indicates that demand is at that price. 2/3; inelastic 2/3; elastic 1.0; unit elastic 1.5; inelastic 1.5; elastic

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