The Following Question Are Based on the Following Information

Multiple Choice

The following question are based on the following information.
On June 1, 2014, the Pennsylvania Turnpike Commission voted to raise tolls by 30 percent.
They anticipated that traffic might initially fall by 5 percent.
-The Turnpike Commission estimates that the price elasticity of demand for travel on the highway is

A) 0.17.
B) 0.30.
C) 0.50.
D) 1.
E) 6.