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Refer to the Information Provided in Figure 5

Question 99

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Refer to the information provided in Figure 5.2 below to answer the question(s) that follow. Refer to the information provided in Figure 5.2 below to answer the question(s) that follow. Figure 5.2 -Refer to Figure 5.2. If the price of a hamburger decreases from $6 to $4, the price elasticity of demand equals ________. Use the midpoint formula. A) -0.35 B) -0.71 C) -1.4 D) -2.4 Figure 5.2
-Refer to Figure 5.2. If the price of a hamburger decreases from $6 to $4, the price elasticity of demand equals ________. Use the midpoint formula.


A) -0.35
B) -0.71
C) -1.4
D) -2.4

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