Use the graph shown to answer the following questions. Put the correct letter(s) in the blank.

a.

The elastic section of the graph is represented by section from_______.

b.

The inelastic section of the graph is represented by section from_______.

c.

The unit elastic section of the graph is represented by section _______.

d.

The portion of the graph in which a decrease in price would cause total revenue to fall would be from _________.

e.

The portion of the graph in which a decrease in price would cause total revenue to rise would be from _________.

f.

The portion of the graph in which a decrease in price would not cause a change in total revenue would be_________.

g.

The section of the graph in which total revenue would be at a maximum would be _______.

h.

The section of the graph in which elasticity is greater than 1 is _______.

i.

The section of the graph in which elasticity is equal to 1 is ______.

j.

The section of the graph in which elasticity is less than 1 is _______.

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