Instructions: Enter your answers rounded to two decimal places. For each segment, be sure to enter the highest price first. c. Use Chapter 6’s total-revenue test for price elasticity to designate the elastic and inelastic segments of your graphed demand curve. Demand is elastic from a price of $ to a price of $ . Demand is inelastic from a price of $ to a price of $ . d. In general, when marginal revenue is positive, demand is (Click to select) . When marginal revenue is negative, demand is (Click to select) . e. Suppose the marginal cost of successive units of output is zero. What output would the profit-seeking firm produce? (Assume the firm can only produce whole units.) 7 .