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  2. Topic
    Business
  3. Study Set
    Essentials of Economics
  4. Exam
    Exam 4: Elasticity of Demand and Supply
  5. Question
    - Refer to the Above Data
Solved

- Refer to the Above Data

Question 3

Question 3

Multiple Choice

  - Refer to the above data. What is the elasticity of demand between the prices of $4 and $3? A)  0.2 B)  0.5 C)  1 D)  2
- Refer to the above data. What is the elasticity of demand between the prices of $4 and $3?


A) 0.2
B) 0.5
C) 1
D) 2

Correct Answer:

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