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-According to the Above Table, What Is the Absolute Price

Question 172

Multiple Choice

-According to the above table, what is the absolute price elasticity of demand if price falls from $8.00 to $7.50? A) 4.00 B) 2.82 C) 1.80 D) 1.21
-According to the above table, what is the absolute price elasticity of demand if price falls from $8.00 to $7.50?


A) 4.00
B) 2.82
C) 1.80
D) 1.21

Correct Answer:

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