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Daniel's Consumption of Pizzas Drops from 6 Per Week to 4

Question 59

Multiple Choice

Daniel's consumption of pizzas drops from 6 per week to 4 per week when the price rises from $9 to $11.His price elasticity of demand for pizza equals


A) 0.5
B) 1
C) 2
D) 0.08
E) 1.7

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