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    Principles of Economics Study Set 1
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    Exam 4: Elasticity
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    Refer to the Accompanying Graph
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Refer to the Accompanying Graph

Question 14

Question 14

Multiple Choice

Refer to the accompanying graph. What is the price elasticity of demand at point A? Refer to the accompanying graph. What is the price elasticity of demand at point A?   A) 3 B) 2 C) 0.33 D) 0.2


A) 3
B) 2
C) 0.33
D) 0.2

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