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    Economics For Today Study Set 3
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    Exam 5: Price Elasticity of Demand and Supply
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    Tara Buys Four Music Cassettes When the Price Is $10
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Tara Buys Four Music Cassettes When the Price Is $10

Question 213

Question 213

Multiple Choice

Tara buys four music cassettes when the price is $10 and two cassettes when the price is $14. Her price elasticity of demand is:


A) 0.
B) 1.
C) 2.
D) 3.
E) 4.

Correct Answer:

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