Figure 5-11 -Refer to Figure 5-11.Using the Midpoint Method,the Price Elasticity of Method,the

question 498

Multiple Choice

Figure 5-11

-Refer to Figure 5-11.Using the midpoint method,the price elasticity of demand between point A and point B is about

• A) 0.33.
• B) 0.5.
• C) 2.0.
• D) 3.0.

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