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-Refer to the Above Table

Question 93

Multiple Choice

-Refer to the above table. What is the absolute price elasticity of demand when price changes from $5.50 to $5.00? A) 0.72 B) 0.79 C) 1.38 D) 5.0
-Refer to the above table. What is the absolute price elasticity of demand when price changes from $5.50 to $5.00?


A) 0.72
B) 0.79
C) 1.38
D) 5.0

Correct Answer:

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