Use the Table Below to Answer the Following Questions

question 135

Multiple Choice

Use the table below to answer the following questions.
Table 4.1.1
Demand schedule for good A.

-Refer to Table 4.1.1. The price elasticity of demand when the price rises from $6 a unit to $7 a unit is

• A)1.0.
• B)2.0.
• C)2.6.
• D)0.5.
• E)1.3.

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