Figure: the Demand Curve (Figure: the Demand Curve)

question 141

Multiple Choice

Figure: The Demand Curve (Figure: The Demand Curve) Look again at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $6 and $7 is approximately:

• A)0.19.
• B)1.
• C)1.86.
• D)5.4.

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