Which one is the right answer?

E P2 D 148. Q7 demand that Refer to Figure 4.2. The demand curve B is most likely to have a price elasticity of a. is greater than I for the whole curve b. is less than 1 for the whole curve. c. is constant. d. could be greater than, less than, or equal to I. 2. is equal to 1 for the whole curve. 149 In Figure 4.2, which demand curve is least likely to represent demand for high blood pressure medicine? a. A b. B d D e E 150. Teddy's Burgers decreased the price of their hamburgers by 25 cents, and sold 100 more hamburgers each day. It can be concluded that Teddy's Burgers has a(n) demand for its burgers. a inelastic b elastic c unit elastic d. perfectly elastic 154 e. Nothing can be concluded about elasticity for Teddy's Burgers. Which of the following would most likely be the price elasticity of demand for seniors at the movie theater? a. 10.01 b. 00.50 c. d. 05 e. 010 160. If electric rates were increased by 10 percent because of increased prices of fuel oil and natural gas, and the quantity demanded did not change, one could conclude that, in the short run, the demand for electricity is a. perfectly inelastic. b. perfectly elastic. c. unit elastic. d. relatively inelastic. e. relatively elastic. 161. Airlines now charge passengers for checking luggage, and for food and blankets in flight. Airlines must have determined that demand for these items is a. elastic. b. inelastic. c. unit elastic. d. perfectly elastic. e. perfectly inelastic