Figure: the Demand for Shirts (Figure: the Demand

question 279

Multiple Choice

Figure: The Demand for Shirts (Figure: The Demand for Shirts) Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment BC, using the midpoint method, is:

• A)greater than 3.33.
• B)3.33.
• C)3.
• D)0.33.

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