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    Economics Study Set 10
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    Exam 19: Elasticity
  5. Question
    Exhibit 19-5 ​
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Exhibit 19-5 ​

Question 11

Question 11

Multiple Choice

Exhibit 19-5
​
Exhibit 19-5 ​    -Refer to Exhibit 19-5. For graph (1) , what is the price elasticity of demand going between $2.00 and $1.50? A) 0.02 B) 0.43 C) 2.33 D) 42.8
-Refer to Exhibit 19-5. For graph (1) , what is the price elasticity of demand going between $2.00 and $1.50?


A) 0.02
B) 0.43
C) 2.33
D) 42.8

Correct Answer:

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