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Price Quantity Demanded $ 6 1 5 2 4 3 3 4 2 5 1 6 The price elasticity of demand is unity Multiple Choice
Price Quantity Demanded $ 6 1 5 2 4 3 3 4 2 5 1 6 The price elasticity of demand is unity Multiple Choice throughout the entire price range, because the slope of the demand curve is constant. in the $4-$3 price range only. over the entire $3-$1 price range. over the entire $6-$4 price range
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