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The Following Schedule Represents a Portion of Kate's Demand for Sandwiches

Question 7

Multiple Choice

The following schedule represents a portion of Kate's demand for sandwiches.
TABLE 5-1
The following schedule represents a portion of Kate's demand for sandwiches. TABLE 5-1    -Refer to Table 5-1. Along this portion of Kate's demand curve for sandwiches, what is the price elasticity of demand? A)  equal to zero B)  less than one C)  equal to one D)  greater than one
-Refer to Table 5-1. Along this portion of Kate's demand curve for sandwiches, what is the price elasticity of demand?


A) equal to zero
B) less than one
C) equal to one
D) greater than one

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