Table 4.3 -Refer to Table 4.3. a Change in the Price of Price

Multiple Choice

Table 4.3
-Refer to Table 4.3. A change in the price of computers caused the change in quantity demanded shown in the table. The price elasticity of demand (calculated using the initial value formula) is

A) 4.
B) 1.
C) 0.25.
D) 0.125.