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-Refer to the Above Table

Question 332

Multiple Choice

-Refer to the above table. What is the absolute price elasticity of demand when price changes from $6.00 to $6.50? A) 1.60 B) 1.00 C) 0.65 D) 0.60
-Refer to the above table. What is the absolute price elasticity of demand when price changes from $6.00 to $6.50?


A) 1.60
B) 1.00
C) 0.65
D) 0.60

Correct Answer:

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