Multiple Choice
Below are some data on price,income and demand for five different time periods.
-Refer to the information above to answer this question.What is the price elasticity of demand for product Y between years 2 and 3?
A) 0.18.
B) 0.24.
C) 3.00.
D) 4.09.
E) Infinity.
Correct Answer:

Verified
Correct Answer:
Verified
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