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    Business
  3. Study Set
    Economics Study Set 8
  4. Exam
    Exam 6: Describing Supply and Demand: Elasticities
  5. Question
    Refer to the Graph Shown
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Refer to the Graph Shown

Question 77

Question 77

Multiple Choice

Refer to the graph shown. Calculate the approximate elasticity of demand for the line segment CD: Refer to the graph shown. Calculate the approximate elasticity of demand for the line segment CD:   A) 3. B) 1/3. C) 1/5. D) 5.


A) 3.
B) 1/3.
C) 1/5.
D) 5.

Correct Answer:

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