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(Use Figure: the Demand for Scented Candles) Use the Figure

Question 30

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(Use Figure: The Demand for Scented Candles) Use the figure The Demand for Scented Candles. What is the price elasticity of demand when price decreases from $3 to $1?

Figure: The Demand for Scented Candles
(Use Figure: The Demand for Scented Candles)  Use the figure The Demand for Scented Candles. What is the price elasticity of demand when price decreases from $3 to $1? ​ Figure: The Demand for Scented Candles   A)  19 B)  0.9 C)  0.05 D)  1


A) 19
B) 0.9
C) 0.05
D) 1

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