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The Figure Above Shows the Demand Curve for Starbucks Latte

Question 17

Multiple Choice

   The figure above shows the demand curve for Starbucks latte. -In in the figure above,when the price falls from $5 to $4,the price elasticity of demand is A)  2. B)  3. C)  0.75. D)  1.5. E)  0.33.
The figure above shows the demand curve for Starbucks latte.
-In in the figure above,when the price falls from $5 to $4,the price elasticity of demand is


A) 2.
B) 3.
C) 0.75.
D) 1.5.
E) 0.33.

Correct Answer:

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