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

Question 242

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Table 5-2
Table 5-2 -Refer to Table 5-2.Using the midpoint method,if the price falls from $40 to $20,the price elasticity of demand is A) zero. B) inelastic. C) unit elastic. D) elastic.
-Refer to Table 5-2.Using the midpoint method,if the price falls from $40 to $20,the price elasticity of demand is


A) zero.
B) inelastic.
C) unit elastic.
D) elastic.

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