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The Demand Function in the Above Table Is QXd =

Question 135

Multiple Choice

The demand function in the above table is QXd = 100 - 2PX.Based on this information, compute the own price elasticity of demand when PX = $25 (point C) .


A) -1.09.
B) -1.
C) -0.50.
D) -0.25.

Correct Answer:

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