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Figure 5-13 -Refer to Figure 5-13.Using the Midpoint Method,what Is the Price

Question 195

Multiple Choice

Figure 5-13
Figure 5-13 -Refer to Figure 5-13.Using the midpoint method,what is the price elasticity of supply between $16 and $40? A) 0.125 B) 0.86 C) 1.0 D) 2.5
-Refer to Figure 5-13.Using the midpoint method,what is the price elasticity of supply between $16 and $40?


A) 0.125
B) 0.86
C) 1.0
D) 2.5

Correct Answer:

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