Figure 6-2 -Using Figure 6-2, Calculate the Price Elasticity of Demand (Dropping

question 104

Multiple Choice

Figure 6-2
-Using Figure 6-2, calculate the price elasticity of demand (dropping all minus signs) between P = 4 and P = 6.

• A)3.0
• B)0.33
• C)0.40
• D)1.25

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