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Question 116

Multiple Choice

Use the following to answer question(s) : Use the following to answer question(s) : -(Exhibit: Demand and Price Elasticity 1) What is the price elasticity of demand between $1.75 and $1.50? A) -0.42 B) -1.5 C) -1.86 D) none of the above
-(Exhibit: Demand and Price Elasticity 1) What is the price elasticity of demand between $1.75 and $1.50?


A) -0.42
B) -1.5
C) -1.86
D) none of the above

Correct Answer:

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