The following graph shows the demand curve for a good. Between Points X and Y, the demand for this good is ________.

The following graph shows the demand curve for a good. Between Points X and Y, the demand for this good is ________.


The following graph shows the demand curve for a good. Between Points X and Y, the demand for this good is ________. [Use the midpoint formula to determine your answer].
       


A. Unit Elastic

B. Inelastic

C. Elastic


Answer Key: A