Use the Following to Answer Question(s): Demand and Price Elasticity

question 108

Multiple Choice

Use the following to answer question(s) : Demand and Price Elasticity 2

-(Exhibit: Demand and Price Elasticity 2) The price elasticity of demand between points B and C is:

• A) -1.0.
• B) -1.67.
• C) -3.0.
• D) none of the above.

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