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The Table Given Below Reports the Price and Quantity Demanded

question 111

Multiple Choice

The table given below reports the price and quantity demanded of a commodity.Table 6.1
The table given below reports the price and quantity demanded of a commodity.Table 6.1    -According to Table 6.1, when the price increases from $5 to $6, the price elasticity of demand is _____. A) 0.25 B) 1.0 C) 1.3 D) 1.8 E) 1.67
-According to Table 6.1, when the price increases from $5 to $6, the price elasticity of demand is _____.


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