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Use the following to answer question: Use the following to answer question: -(Figure: The Demand Curve) Use Figure: The Demand Curve.By the midpoint method,the price elasticity of demand between $1 and $2 is approximately: A) 0.18. B) 0.56. C) 1.80. D) 5.67.
-(Figure: The Demand Curve) Use Figure: The Demand Curve.By the midpoint method,the price elasticity of demand between $1 and $2 is approximately:


A) 0.18.
B) 0.56.
C) 1.80.
D) 5.67.

Correct Answer:

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