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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
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    Using the Midpoint Method, the Price Elasticity of Demand Between
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Using the Midpoint Method, the Price Elasticity of Demand Between

Question 177

Question 177

Multiple Choice

Using the midpoint method, the price elasticity of demand between points a and b on the graph is
Using the midpoint method, the price elasticity of demand between points a and b on the graph is   A)  2. B)  0.5. C)  2.6. D)  0.38.


A) 2.
B) 0.5.
C) 2.6.
D) 0.38.

Correct Answer:

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