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14-12-2022
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demand for brussel sprouts is a downward sloping straight line. when the price is $3 per bushel the quantity demanded is 0 bushels. the quantity demanded at any price less than $3 is positive. which of the following is true? 1) when the price is $3 the demand for brussel sprouts is elastic, and when the price is $1 the demand for brussel sprouts is inelastic. 2) when the price is $1 the demand for brussel sprouts is elastic, and when the price is $3 the demand for brussel sprouts is inelastic. 3) when the price is $1 the demand for brussel sprouts is elastic, and when the price is $3 the demand for brussel sprouts is elastic. 4) more data is needed in order to say anything about elasticity.

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