Figure 6-3 -Using Figure 6-3(b), as Price Falls from $15 to $6

question 204

Multiple Choice

Figure 6-3
-Using Figure 6-3(b) , as price falls from $15 to $6, the elasticity of demand is (dropping all minus signs)

• A)0.857.
• B)1.167.
• C)1.0.
• D)0.67.

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