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-Refer to the Diagram Above

question 9

Multiple Choice

  -Refer to the diagram above.When the price is $50,the price elasticity of demand is A)  equal to 0. B)  equal to 0.53. C)  equal to 1. D)  unable to be calculated since we need to have a price range to calculate price elasticity of demand. E)  equal to infinity.
-Refer to the diagram above.When the price is $50,the price elasticity of demand is


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