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fast please Price (dollars per unit) X 0 100 200 300 400 565 600 Quantity [units) What is true about the market in Figure 1?

fast please

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Price (dollars per unit) X 0 100 200 300 400 565 600 Quantity [units) What is true about the market in Figure 1? Select all options you think are correct. More than one option may be correct. @ A. If the market demand decreases by 200 units, the new demand line is unit elastic at the new equilibrium price. O B. 2+8 The correct calculation of price elasticity of demand at the average price of $8 is 100+200 - C. This good is likely a necessity because the demand for it is inelastic and consumer surplus is small. - D. If the market demand decreases by 200 units, total surplus decreases by $1200. - E. If the market demand decreases by 200 units, total surplus decreases by $ 1000

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