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    Microeconomics Study Set 2
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    Exam 6: Elasticity: the Responsiveness of Demand and Supply
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    Table 6-6 -Refer to Table 6-6.Based on the Data in the Table
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Table 6-6 -Refer to Table 6-6.Based on the Data in the Table

Question 230

Question 230

Multiple Choice

Table 6-6
Table 6-6    -Refer to Table 6-6.Based on the data in the table and using the midpoint formula, between a price of $9.99 and $14.99, the price elasticity of demand for books is A) -0.74. B) -1.16. C) -1.35. D) -14.8.
-Refer to Table 6-6.Based on the data in the table and using the midpoint formula, between a price of $9.99 and $14.99, the price elasticity of demand for books is


A) -0.74.
B) -1.16.
C) -1.35.
D) -14.8.

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