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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
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    Figure 5-5 -Refer to Figure 5-5.Using the Midpoint Method,between Prices of $48
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Figure 5-5 -Refer to Figure 5-5.Using the Midpoint Method,between Prices of $48

Question 388

Question 388

Multiple Choice

Figure 5-5
Figure 5-5    -Refer to Figure 5-5.Using the midpoint method,between prices of $48 and $54,price elasticity of demand is about A)  0.92. B)  3.89. C)  4.33. D)  5.67.
-Refer to Figure 5-5.Using the midpoint method,between prices of $48 and $54,price elasticity of demand is about


A) 0.92.
B) 3.89.
C) 4.33.
D) 5.67.

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