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Question: On the following graph, indicate the point where demand is unit elastic, perfectly elastic and pe...

Show transcribed image text On the following graph, indicate the point where demand is unit elastic, perfectly elastic and perfectly inelastic. Label the ranges where demand is elastic and where demand is inelastic.

On the following graph, indicate the point where demand is unit elastic, perfectly elastic and perfectly inelastic. Label the ranges where demand is elastic and where demand is inelastic.