Answer the Question on the Basis of the Following Demand

Answer the question on the basis of the following demand schedule: $\begin{array}{l}\begin{array}{ccc}&\text { Quantity }\\\underline{\text { Price} } & \underline{\text { Demanded}} \\\$6 & 1 \\5 & 2 \\4 & 3 \\3 & 4 \\2 & 5 \\1 & 6\end{array}\end{array}$ Refer to the data.The price elasticity of demand is relatively elastic:

A) in the $6-$4 price range.
B) over the entire $6-$1 price range.
C) in the $3-$1 price range.
D) in the $6-$5 price range only.

Correct Answer:

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