A Peck Is of a Bushel

question 68

Multiple Choice

A peck is of a bushel. If the price elasticity of demand for oats is -0.60 when oats are measured in bushels, then when oats are measured in pecks, the price elasticity of demand for oats will be

• A) 20.15.
• B) 22.40.
• C) 20.30.
• D) 21.20.
• E) none of the above.

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