The Table Below Shows the Demand Schedule for Museum Admissions

question 22

Multiple Choice

The table below shows the demand schedule for museum admissions in a small city.
TABLE 4-1
-Refer to Table 4-1.Between the prices of $4 and $6 the price elasticity of demand is

• A)0.50.
• B)0.71.
• C)1.00.
• D)1.40.
• E)0.40.

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Definitions:

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