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    Exam 4: Elasticity
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    (Figure: the Market for Ford Mustangs) the Price Elasticity of Demand
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(Figure: the Market for Ford Mustangs) the Price Elasticity of Demand

Question 46

Question 46

Multiple Choice

(Figure: The Market for Ford Mustangs) The price elasticity of demand for Ford Mustangs is:
(Figure: The Market for Ford Mustangs)  The price elasticity of demand for Ford Mustangs is:    A)  .60 B)  .67 C)  1.67 D)  .40


A) .60
B) .67
C) 1.67
D) .40

Correct Answer:

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