Multiple Choice
In the accompanying table,assume that the price of ice skates increases from $10 to $20 per pair.Using the midpoint method,what is the price elasticity of demand for ice skates for hockey players?
A) -6.00
B) 0.67
C) 0.11
D) -0.16
E) 3.00
Correct Answer:

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Correct Answer:
Verified
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