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Exhibit 5-1 Demand Curves

Question 51

Multiple Choice

Exhibit 5-1 Demand curves
Exhibit 5-1 Demand curves -In Exhibit 5-1,between points a and b,the price elasticity of demand measures: A) 0.67. B) 1.5. C) 2. D) 1.56. E) 1.
-In Exhibit 5-1,between points a and b,the price elasticity of demand measures:


A) 0.67.
B) 1.5.
C) 2.
D) 1.56.
E) 1.

Correct Answer:

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