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

Question 223

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Table 5-2
Table 5-2 -Refer to Table 5-2.Using the midpoint method,if the price falls from $60 to $40,the absolute value of the price elasticity of demand is A) 0.4. B) 1. C) 4. D) 20.
-Refer to Table 5-2.Using the midpoint method,if the price falls from $60 to $40,the absolute value of the price elasticity of demand is


A) 0.4.
B) 1.
C) 4.
D) 20.

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