If tolls on a toll road can be raised significantly before commuters will consider using a free alternative, demand for using the toll road must be
A. inelastic.
B. perfectly elastic.
C. elastic.
D. unit elastic.
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Home » Business » If tolls on a toll road can be raised significantly before commuters will consider using a free alternative, demand for using the toll road must be A. inelastic. B. perfectly elastic. C. elastic. D. unit elastic.