The Table Below Shows the Demand Schedule for Museum Admissions

question 12

Multiple Choice

The table below shows the demand schedule for museum admissions in a small city. $\begin{array}{|c|c|}\hline \begin{array}{c}\text { Price } \\\text { (per visit } \\\text { per person) }\\\end{array} & \begin{array}{c}\text { QuantityDemanded } \\\text { (thousands of }\\\text { person-visits per year) }\end{array} \\\hline \$ 10 & 2 \\\hline \$ 8 & 4 \\\hline \$ 6 & 6 \\\hline \$ 4 & 8 \\\hline \$ 2 & 10 \\\hline\end{array}$ TABLE 4- 1
-Refer to Table 4- 1. Between the prices of $8 and $10, the elasticity of demand is

• A) 1/3.
• B) 3.
• C) 2.
• D) 2/3.
• E) 1.

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