Multiple Choice
Use the following to answer questions:
Figure: The Demand Curve 
-(Figure: The Demand Curve) Look at the figure The Demand Curve. By the midpoint method, the price elasticity of demand between $1 and $2 is approximately:
A) 0.16.
B) 0.56.
C) 1.80.
D) 5.67.
Correct Answer:
Verified
Correct Answer:
Verified
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