Figure 5-5 -Refer to Figure 5-5.Using the Midpoint Method,between Prices of $70

question 256

Multiple Choice

Figure 5-5
-Refer to Figure 5-5.Using the midpoint method,between prices of $70 and $80,price elasticity of demand is

• A)0.33.
• B)0.4.
• C)1.33.
• D)3.

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