Table 5-2 -Refer to Table 5-2.Using the Midpoint Method,if the Price Falls

question 460

Multiple Choice

Table 5-2

-Refer to Table 5-2.Using the midpoint method,if the price falls from $80 to $60,the absolute value of the price elasticity of demand is

• A)2.33.
• B)20.
• C)10.
• D) 0.43.

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