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Exhibit 20-3 -Refer to Exhibit 20-3.When Price Decreases from $4.50 to $3.50,the

Question 158

Multiple Choice

Exhibit 20-3
Exhibit 20-3 -Refer to Exhibit 20-3.When price decreases from $4.50 to $3.50,the price elasticity of demand is A) 0.4375. B) 0.50. C) 1.0. D) 2.00. E) 2.86.
-Refer to Exhibit 20-3.When price decreases from $4.50 to $3.50,the price elasticity of demand is


A) 0.4375.
B) 0.50.
C) 1.0.
D) 2.00.
E) 2.86.

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