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    Exam 5: Elasticity and Its Applications
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    Figure: Demand 1 in the Diagram, What Is the Elasticity
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Figure: Demand 1 in the Diagram, What Is the Elasticity

Question 189

Question 189

Multiple Choice

Figure: Demand 1 Figure: Demand 1   In the diagram, what is the elasticity of demand between a price of $100 and $200? Use the midpoint method of calculation to find your answer. A)  -1.8. B)  -0.9. C)  -0.6. D)  -0.2. In the diagram, what is the elasticity of demand between a price of $100 and $200? Use the midpoint method of calculation to find your answer.


A) -1.8.
B) -0.9.
C) -0.6.
D) -0.2.

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