Multiple Choice
Use the table below to answer the following question.
Table 4.1.3
-Refer to Table 4.1.3. The price elasticity of demand for Jolt is
A) 1.
B) 2.5.
C) 3.0.
D) 0.33.
E) cannot be calculated because income is not constant.
Correct Answer:
Verified
Correct Answer:
Verified
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