Figure: the Demand Curve for Crossings (Figure: the Demand

question 10

Multiple Choice

Figure: The Demand Curve for Crossings (Figure: The Demand Curve for Crossings) Look at the figure The Demand Curve for Crossings.This graph examines the demand for crossing a bridge over a very large river.Using the midpoint method, the price elasticity of demand between $0.90 and $1.10 is approximately:

• A)0.1.
• B)0.2.
• C)1.
• D)1.9.

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