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Table 5-2 -Refer to Table 5-2. Using the Midpoint Method, If the Midpoint

Question 201

Multiple Choice

Table 5-2
Table 5-2 -Refer to Table 5-2. Using the midpoint method, if the price falls from $200 to $150, the price elasticity of demand is A) zero. B) unit elastic. C) inelastic. D) elastid.
-Refer to Table 5-2. Using the midpoint method, if the price falls from $200 to $150, the price elasticity of demand is


A) zero.
B) unit elastic.
C) inelastic.
D) elastid.

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