Multiple Choice
The table below shows the demand schedule for museum admissions in a small city.
TABLE 4-1
-Refer to Table 4-1.Between the prices of $4 and $6 the price elasticity of demand is
A) 0.50.
B) 0.71.
C) 1.00.
D) 1.40.
E) 0.40.
Correct Answer:

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Correct Answer:
Verified
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