Question: 1 Refer to the given data. By applying the TR test, we can conclude that Quantity demanded per Price TR month 30 $8 36 7

Refer to the given data. By applying the TR test, we can conclude that Quantity demanded per Price TR month 30 $8 36 7 42 6 50 5 O A. The demand for this product is inelastic in the $8 to $7 price range O B. The demand for this product is unitary elastic in the $5 to $6 price ran O C. The demand for this product is elastic in the $6 to $5 price range. O D. The demand for this product is elastic in the $8 to $7 price range

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