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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
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    Exhibit 5-4 What Is the Price Elasticity of Demand
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Exhibit 5-4 What Is the Price Elasticity of Demand

Question 26

Question 26

Multiple Choice

Exhibit 5-4 Exhibit 5-4   What is the price elasticity of demand in Exhibit 5-4? A) 0 B) -1 C) negative infinity D) 1 E) -100 What is the price elasticity of demand in Exhibit 5-4?


A) 0
B) -1
C) negative infinity
D) 1
E) -100

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