Table 6-6 -Refer to Table 6-6.Based on the Data in the Table

question 230

Multiple Choice

Table 6-6

-Refer to Table 6-6.Based on the data in the table and using the midpoint formula, between a price of $9.99 and $14.99, the price elasticity of demand for books is

• A)-0.74.
• B)-1.16.
• C)-1.35.
• D)-14.8.

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