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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 5-28 Use the Information in Exhibit 5-28 to Calculate
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Exhibit 5-28 Use the Information in Exhibit 5-28 to Calculate

Question 53

Question 53

Multiple Choice

Exhibit 5-28 Exhibit 5-28   Use the information in Exhibit 5-28 to calculate the value of price elasticity of demand from point c to d. A) -5/4 B) -4/5 C) -1/14 D) -14 E) 0 Use the information in Exhibit 5-28 to calculate the value of price elasticity of demand from point c to d.


A) -5/4
B) -4/5
C) -1/14
D) -14
E) 0

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