Figure 5-1 -Refer to Figure 5-1.Between Point a and Point B,price Elasticity

question 127

Multiple Choice

Figure 5-1
-Refer to Figure 5-1.Between point A and point B,price elasticity of demand using the midpoint method is equal to

• A) 0.71.
• B) 0.85.
• C) 1.18.
• D) 1.40.

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