Multiple Choice
Figure 6-2
-In Figure 6-2, the price elasticity of demand (dropping all minus signs) is ____ between P = 4 and P = 6 than between P = 10 and P = 12 because between the lower set of prices the percentage change in price is ____.
A) smaller; smaller
B) smaller; greater
C) greater; smaller
D) greater; greater
Correct Answer:

Verified
Correct Answer:
Verified
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