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 3 and 4?
A) 0.89.
B) 1.13.
C) 2.67.
D) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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