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Question 266

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Use the following to answer questions:
Figure: The Demand for e-Books Use the following to answer questions: 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 (by the midpoint method) when the price increases from $6 to $8? A) 0.55 B) 0.5 C) 2.33 D) 0.67
-(Figure: The Demand for e-Books) Look at the figure The Demand for e-Books. What is the price elasticity of demand (by the midpoint method) when the price increases from $6 to $8?


A) 0.55
B) 0.5
C) 2.33
D) 0.67

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