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Figure: the Demand for Shirts (Figure: the Demand

Question 29

Multiple Choice

Figure: The Demand for Shirts Figure: The Demand for Shirts     (Figure: The Demand for Shirts)  Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment EF, using the midpoint method, is: A) 1.3. B) 1. C) 0.7. D) 0.33. Figure: The Demand for Shirts     (Figure: The Demand for Shirts)  Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment EF, using the midpoint method, is: A) 1.3. B) 1. C) 0.7. D) 0.33. (Figure: The Demand for Shirts) Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment EF, using the midpoint method, is:


A) 1.3.
B) 1.
C) 0.7.
D) 0.33.

Correct Answer:

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