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    Exam 5: Elasticities of Demand and Supply
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    The Figure Above Shows the Demand Curve for Starbucks Latte
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The Figure Above Shows the Demand Curve for Starbucks Latte

Question 271

Question 271

Multiple Choice

   The figure above shows the demand curve for Starbucks latte. -In in the figure above,when the price rises from $3 to $4,the price elasticity of demand is A)  1.4. B)  2. C)  0.71. D)  0.4. E)  1.
The figure above shows the demand curve for Starbucks latte.
-In in the figure above,when the price rises from $3 to $4,the price elasticity of demand is


A) 1.4.
B) 2.
C) 0.71.
D) 0.4.
E) 1.

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