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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    Figure 5-9 -Refer to Figure 5-9.Using the Midpoint Method,the Price Elasticity of Price
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Figure 5-9 -Refer to Figure 5-9.Using the Midpoint Method,the Price Elasticity of Price

Question 27

Question 27

Multiple Choice

Figure 5-9 Figure 5-9   -Refer to Figure 5-9.Using the midpoint method,the price elasticity of demand between point A and point B is A) 0.33. B) 0.5. C) 2.0. D) 3.0.
-Refer to Figure 5-9.Using the midpoint method,the price elasticity of demand between point A and point B is


A) 0.33.
B) 0.5.
C) 2.0.
D) 3.0.

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