Use the Following to Answer Question

question 107

Multiple Choice

Use the following to answer question:
Figure 2.7
-(Figure 2.7) What is the price elasticity of demand at point A and point B?

• A) point A = -2.0, point B = -0.50
• B) point A = -0.50, point B = -0.50
• C) point A = -1.0, point B = -2.0
• D) point A = -2.5, point B = -1.5