Question: Question 27 Refer to the given data. By applying the TR test, we can conclude that Quantity demanded per Price TR month 30 $8 36

Question 27 Refer to the given data. By applying the TR

Question 27 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 A. The demand for this product is elastic in the $6 to $5 price range. OB. The demand for this product is unitary elastic in the $5 to $6 price range OC. The demand for this product is elastic in the $8 to $7 price range OD. The demand for this product is inelastic in the $8 to $7 price range

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