Exhibit 5-1 Demand Curve

question 246

Multiple Choice

Exhibit 5-1 Demand curve
​
-In Exhibit 5-1, between points a and b, the price elasticity of demand measures:

• A) 0.67.
• B) 1.5.
• C) 2.0.
• D) 1.56.
• E) 1.0.

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