Figure 5-5 -Refer to Figure 5-5.Using the Midpoint Method,between Prices of $30

question 471

Multiple Choice

Figure 5-5

-Refer to Figure 5-5.Using the midpoint method,between prices of $30 and $36,price elasticity of demand is about

• A) 0.5.
• B) 0.82.
• C) 1.22.
• D) 2.

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