Figure 5-12 -Refer to Figure 5-12. Using the Midpoint Method, the Price

question 78

Multiple Choice

Figure 5-12
-Refer to Figure 5-12. Using the midpoint method, the price elasticity of demand between point X and point Y is

• A) 0.4.
• B) 1.
• C) 2.
• D) 2.5.

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