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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
  5. Question
    Exhibit 5-2 Use the Information in Exhibit 5-2 to Calculate
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Exhibit 5-2 Use the Information in Exhibit 5-2 to Calculate

Question 100

Question 100

Multiple Choice

Exhibit 5-2 Exhibit 5-2   Use the information in Exhibit 5-2 to calculate the value of price elasticity of demand. A) -2/3 B) -1/3 C) -3/5 D) -5/3 E) 0 Use the information in Exhibit 5-2 to calculate the value of price elasticity of demand.


A) -2/3
B) -1/3
C) -3/5
D) -5/3
E) 0

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