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Exhibit 5-1 Demand Curve

Question 88

Multiple Choice

Exhibit 5-1 Demand curve
Exhibit 5-1 Demand curve In Exhibit 5-1, between points a and b, the price elasticity of demand is: A) 0.67. B) 1.5. C) 2.0. D) 1.0.
In Exhibit 5-1, between points a and b, the price elasticity of demand is:


A) 0.67.
B) 1.5.
C) 2.0.
D) 1.0.

Correct Answer:

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