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    Microeconomics Australia
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    -Using the Table Above, What Is the Elasticity of Demand
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-Using the Table Above, What Is the Elasticity of Demand

Question 26

Question 26

Multiple Choice

  -Using the table above, what is the elasticity of demand between the prices of $9 and $7? A)  4 B)  6 C)  1 D)  2 E)  1/4
-Using the table above, what is the elasticity of demand between the prices of $9 and $7?


A) 4
B) 6
C) 1
D) 2
E) 1/4

Correct Answer:

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