Exhibit 19-9 ​ Refer to Exhibit 19-9.  What Is the Price Elasticity of the Price

question 31

Multiple Choice

Exhibit 19-9 ​

Refer to Exhibit 19-9.  What is the price elasticity of demand between $2 and $4?

• A)2.0
• B)0.75
• C)1.33
• D)0.50

---

Definitions:

SHIFT+TAB

A keyboard shortcut commonly used to navigate backward through fields, options, or elements in a graphical user interface.

Indent

The space that appears in a document where text is moved further from the margin to visually set paragraphs or sections apart.

First-Level Item

The primary or initial item in a hierarchical list or structure, often standing as the main point or topic from which subpoints or subitems are derived.

Normal View

The default display mode in many software applications, showing the document or page as it would typically be viewed or edited.