Figure 5-9 -Refer to Figure 5-9. Using the Midpoint Method, the Price

question 355

Multiple Choice

Figure 5-9
-Refer to Figure 5-9. Using the midpoint method, the price elasticity of demand between point A and point B is

• A) 0.33.
• B) 0.5.
• C) 2.0.
• D) 3.0.

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