Question: O relatively elastic unit elastic relatively inelastic perfectly inelastic Question 28 (1 point) Listen Last week Louis found a new pair of red shoes in

O relatively elastic unit elastic relatively inelastic perfectly inelastic Question 28 (1 point) Listen Last week Louis found a new pair of red

shoes in the parking lot. He had just paid $120 to buy

a pair of blue shoes a few days earlier. A friend offers

O relatively elastic unit elastic relatively inelastic perfectly inelastic Question 28 (1 point) Listen Last week Louis found a new pair of red shoes in the parking lot. He had just paid $120 to buy a pair of blue shoes a few days earlier. A friend offers $80 to buy the pair of red shoes he found. Louis says no and decides to keep both pairs for himself. What is the opportunity cost of this decision? $120 $80 $40 $200 Previous Page Next Page Page 14 of 18 Submit Quiz 7 of 40 questions savedPrevious Page Next Page Page 14 of 18 Question 27 (1 point) ( Listen What type of demand curve is depicted by the graph below? D perfectly elastic relatively elastic unit elastic OOO relatively inelastic perfectly inelastic Question 28 (1 point) () Listen

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