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  3. Study Set
    Microeconomics Study Set 30
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    Exam 6: Describing Supply and Demand: Elasticities
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    Refer to the Graph Shown
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Refer to the Graph Shown

Question 167

Question 167

Multiple Choice

Refer to the graph shown. The approximate elasticity of segment AC is: Refer to the graph shown. The approximate elasticity of segment AC is:   A)  1/3. B)  1/2. C)  2/3. D)  3/2.


A) 1/3.
B) 1/2.
C) 2/3.
D) 3/2.

Correct Answer:

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