Question 27 Refer to the given data. By applying the TR test, we can conclude that Quantity demanded per Price TR month 30 $8 36 7 42 6 50 5 A. The demand for this product is elastic in the $6 to $5 price range. OB. The demand for this product is unitary elastic in the $5 to $6 price range OC. The demand for this product is elastic in the $8 to $7 price range OD. The demand for this product is inelastic in the $8 to $7 price range