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    Economics Principles and Policy Study Set 2
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    Exam 6: Demand and Elasticity
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    Figure 6-3 -Using Figure 6-3(b), as Price Falls from $15 to $6
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Figure 6-3 -Using Figure 6-3(b), as Price Falls from $15 to $6

Question 204

Question 204

Multiple Choice

Figure 6-3 Figure 6-3   -Using Figure 6-3(b) , as price falls from $15 to $6, the elasticity of demand is (dropping all minus signs)  A) 0.857. B) 1.167. C) 1.0. D) 0.67.
-Using Figure 6-3(b) , as price falls from $15 to $6, the elasticity of demand is (dropping all minus signs)


A) 0.857.
B) 1.167.
C) 1.0.
D) 0.67.

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