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    Figure: the Demand for E-Books
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Figure: the Demand for E-Books

Question 75

Question 75

Essay

Figure: The Demand for e-Books
(Figure: The Demand for e-Books) Look at the figure The Demand for e-Books.What is the price elasticity of demand (using the midpoint method) when the price decreases from $6 to
$4?
A.5/9
B.1/2
C.1
D.2/3

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