At a Price of $5/hour,Karina Wants to Hire Three Workers

question 139

Multiple Choice

At a price of $5/hour,Karina wants to hire three workers.When the price rises to $7/hour,she wants to hire only two workers.Karina's price elasticity of demand for workers is

• A) -0.83.
• B)-1.20.
• C) -0.33.
• D) -0.40.
• E) -0.10.

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