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The inverse demand curve for M&B chardonnay (wine) is P = 200 0.1 Q D . Demand will be inelastic when the quantity is: a.

The inverse demand curve for M&B chardonnay (wine) is P = 200 0.1QD. Demand will be inelastic when the quantity is:

a. 250

b. 500

c. 1000

d. 1500

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