HOPES Rubbing Drilling NE- G Magic Eraser lines by penis, also may pol's May wipe out wordings . White rubber wiper of Electric Eraser- supplement bag anything Question 3 2. Use the demand diagram below to answer this question. Note that P x Q equals $900 at every point on this demand curve. S 90 60 45 30 20 Demand 15 10 10 15 20 30 45 60 90 Which of the following statements correctly describes own-price elasticity of demand, for this particular demand curve? I. Demand is unit elastic at a price of $30, and elastic at all prices greater than $30. II. Demand is unit elastic at a price of $30, and inelastic at all prices less than $30. III. Demand is unit elastic for all prices. a) I and II only. b) I only. c) I, II and III. d) III only