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  3. Study Set
    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    -The Data in the Table Above Give Two Points on the Demand
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-The Data in the Table Above Give Two Points on the Demand

Question 47

Question 47

Multiple Choice

  -The data in the table above give two points on the demand curve for pizza.Using the midpoint method,when the price of a pizza falls from $10 to $9,what is the percentage change in price? A)  8.2 percent B)  15.5 percent C)  10.5 percent D)  5.0 percent E)  1.0 percent
-The data in the table above give two points on the demand curve for pizza.Using the midpoint method,when the price of a pizza falls from $10 to $9,what is the percentage change in price?


A) 8.2 percent
B) 15.5 percent
C) 10.5 percent
D) 5.0 percent
E) 1.0 percent

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