Figure 7-7 -Refer to Figure 7-7.The Absolute Value of the Price Elasticity

question 185

Multiple Choice

Figure 7-7

-Refer to Figure 7-7.The absolute value of the price elasticity of demand at the midpoint of the demand curve is

• A) at a maximum.
• B) at a minimum.
• C) zero.
• D) one.

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