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    Exam 6: Elasticity and Demand
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    -In the Figure Above, What Is the Point Price Elasticity
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-In the Figure Above, What Is the Point Price Elasticity

Question 76

Question 76

Multiple Choice


     -In the figure above, what is the point price elasticity of demand when price is $60? A)  -0.50 B)  -0.75 C)  -1.00 D)  -1.60 E)  -2.00
-In the figure above, what is the point price elasticity of demand when price is $60?


A) -0.50
B) -0.75
C) -1.00
D) -1.60
E) -2.00

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