Multiple Choice
(Figure: Price Elasticity of Demand) What is the price elasticity of demand at point A and point B?
A) point A = -2.0, point B = -0.50
B) point A = -0.50, point B = -0.125
C) point A = -1.0, point B = -2.0
D) point A = -2.5, point B = -1.5
Correct Answer:

Verified
Correct Answer:
Verified
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