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Which of the following statements correctly describes own-price elasticity of demand, for this particular demand curve below I. Demand is unit elastic at a price

Which of the following statements correctly describes own-price elasticity of demand, for this particular demand curve below 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, II and III. C. III only

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