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    ECON MICRO4
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    Exam 5: Elasticity of Demand and Supply
  5. Question
    Use the Information in Exhibit 5­2 to Calculate the Value
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Use the Information in Exhibit 5­2 to Calculate the Value

Question 17

Question 17

Multiple Choice

  Use the information in Exhibit 5­2 to calculate the value of price elasticityof demand. A) ­2/3 B) ­1/3 C) ­3/5 D) ­5/3 E) 0 Use the information in Exhibit 5­2 to calculate the value of price elasticityof demand.


A) ­2/3
B) ­1/3
C) ­3/5
D) ­5/3
E) 0

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