Multiple Choice
Nicolette raised her quantity demanded of hockey pucks from 100 to 150 when the price fell from $5 to $3 per puck.Using the midpoint method,her price elasticity of demand is
A) 0.80.
B) -1.25.
C) -1.00.
D) 0.40.
E) -0.80.
Correct Answer:
Verified
Correct Answer:
Verified
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