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

Question 133

Multiple Choice

-Figure 5-4 shows the demand schedule for hockey pucks.What is the price elasticity of demand when the price changes from $2 per puck to $1 per puck (using the midpoint formula) ? A) 0.33 B) 0.15 C) 3.00 D) 1.00 E) none of these
-Figure 5-4 shows the demand schedule for hockey pucks.What is the price elasticity of demand when the price changes from $2 per puck to $1 per puck (using the midpoint formula) ?


A) 0.33
B) 0.15
C) 3.00
D) 1.00
E) none of these

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