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Table 5-2 -Refer to Table 5-2.Using the Midpoint Method,if the Price Falls

Question 39

Multiple Choice

Table 5-2
Table 5-2 -Refer to Table 5-2.Using the midpoint method,if the price falls from $80 to $60,the absolute value of the price elasticity of demand is A) 20. B) 10. C) 2.33. D) 0.43.
-Refer to Table 5-2.Using the midpoint method,if the price falls from $80 to $60,the absolute value of the price elasticity of demand is


A) 20.
B) 10.
C) 2.33.
D) 0.43.

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