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-Figure 5-4 Shows the Demand Schedule for Hockey Pucks

Question 54

Multiple Choice

-Figure 5-4 shows the demand schedule for hockey pucks.What is the price elasticity of demand when the price changes from $4 per puck to $5 per puck?

A) 0.33
B) 1.00
C) 1.15
D) 3.00
E) none of these

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