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Questions 40-43 thank you Figure 6-3 Price Price $15 $6 C Quantity Demanded 0 8 12 16 (a) Quantity Demanded (b) 41. In Figure 6-3(a),

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Questions 40-43 thank you

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Figure 6-3 Price Price $15 $6 C Quantity Demanded 0 8 12 16 (a) Quantity Demanded (b) 41. In Figure 6-3(a), at any price above $6, quantity demanded a. falls to zero. b. becomes infinitely large. C. is equal to price. d. is equal to the elasticity of demand. 42.In Figure 6-3(a), demand is perfectly elastic. b. perfectly inelastic. C. unit elastic. 1. fixed at one particular quantity. 43. Total expenditure by a buyer is equal to the a. slope at any point along the demand curve. b. price times quantity demanded at any point along the demand curve. c. elasticity times price at any point along the demand curve. d. elasticity times quantity demanded at any point along the demand curve

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