Figure 5-5 -Refer to Figure 5-5.Using the Midpoint Method,between Prices of $50

question 220

Multiple Choice

Figure 5-5
-Refer to Figure 5-5.Using the midpoint method,between prices of $50 and $60,price elasticity of demand is about

• A)0.22.
• B)0.82.
• C)1.22.
• D)2.

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