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Refer to the Accompanying Table

Question 2

Multiple Choice

Refer to the accompanying table.When the price drops from $5 to $3,price elasticity of demand for sushi (using the midpoint method) at an income of $30,000 is
Refer to the accompanying table.When the price drops from $5 to $3,price elasticity of demand for sushi (using the midpoint method) at an income of $30,000 is A) 0.71. B) 0.67. C) 0.10. D) 0.33. E) -0.67.


A) 0.71.
B) 0.67.
C) 0.10.
D) 0.33.
E) -0.67.

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