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Table 5-5 -Refer to Table 5-5. as Price Rises from $7 to from $7

Question 603

Multiple Choice

Table 5-5 Table 5-5 -Refer to Table 5-5. As price rises from $7 to $8, the price elasticity of demand using the midpoint method is approximately A) 0.09. B) 0.58. C) 0.65. D) 1.53.
-Refer to Table 5-5. As price rises from $7 to $8, the price elasticity of demand using the midpoint method is approximately


A) 0.09.
B) 0.58.
C) 0.65.
D) 1.53.

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