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-Refer to Table 5-2

question 319

Multiple Choice

  -Refer to Table 5-2. Using the midpoint method, if the price falls from $200 to $150, the absolute value of the price elasticity of demand is A) 5.3. B) 2.8. C) 0.8. D) 0.36.
-Refer to Table 5-2. Using the midpoint method, if the price falls from $200 to $150, the absolute value of the price elasticity of demand is


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