* 7 The supply of luxury boats is perfectly elastic, the demand for luxury boats is unit elastic, and with no tax on luxury boats the price is $4 million and 340 luxury boats a week are bought. Delete Clear ? & ³: 8 * O ( 9 6.40 5.60- 4.80- O Price (millions of dollars per boat) 4.00- 3.20 136 4 204 340 272 Quantity (boats per week) >>> Draw only the objects specified in the question. ) 0 ▸ р D $+tax 408 Q Qa G Next US 4:57 backspace

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