Figure 5-6 -Refer to Figure 5-6.Using the Midpoint Method,the Price Elasticity of Method,the

question 493

Multiple Choice

Figure 5-6

-Refer to Figure 5-6.Using the midpoint method,the price elasticity of demand between point A and point B is

• A) 1.
• B) 1.5.
• C) 2.
• D) 2.5.

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