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    Principles of Economics Study Set 5
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    Exam 5: Elasticity and Its Application
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    Figure 5-1 -Refer to Figure 5-1.Between Point a and Point B,price Elasticity
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Figure 5-1 -Refer to Figure 5-1.Between Point a and Point B,price Elasticity

Question 127

Question 127

Multiple Choice

Figure 5-1 Figure 5-1   -Refer to Figure 5-1.Between point A and point B,price elasticity of demand using the midpoint method is equal to A)  0.71. B)  0.85. C)  1.18. D)  1.40.
-Refer to Figure 5-1.Between point A and point B,price elasticity of demand using the midpoint method is equal to


A) 0.71.
B) 0.85.
C) 1.18.
D) 1.40.

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