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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
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    Figure 5-11 -Refer to Figure 5-11.Using the Midpoint Method,the Price Elasticity of Method,the
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Figure 5-11 -Refer to Figure 5-11.Using the Midpoint Method,the Price Elasticity of Method,the

Question 498

Question 498

Multiple Choice

Figure 5-11
Figure 5-11    -Refer to Figure 5-11.Using the midpoint method,the price elasticity of demand between point A and point B is about A)  0.33. B)  0.5. C)  2.0. D)  3.0.
-Refer to Figure 5-11.Using the midpoint method,the price elasticity of demand between point A and point B is about


A) 0.33.
B) 0.5.
C) 2.0.
D) 3.0.

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