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Elastic, inelastic, and unit-elastic demand The following graph shows the demand for a good. Region Elastic Inelastic Unit Elastic Between Y and Z Between X

Elastic, inelastic, and unit-elastic demand

The following graph shows the demand for a good.

Region Elastic Inelastic Unit Elastic Between Y and Z Between X and Y Between W and X O True or False: The value of the price elasticity of demand is not equal to the slope of the demand curve. O True O False

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