Table 5-4 -Refer to Table 5-4.As Price Rises from $10 to $12,the

question 136

Multiple Choice

Table 5-4

-Refer to Table 5-4.As price rises from $10 to $12,the price elasticity of demand using the midpoint method is approximately

• A) 0.08.
• B) 0.18.
• C) 0.42.
• D) 0.58.

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