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    Economics Today Study Set 1
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    Exam 19: Demand and Supply Elasticity
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    -Use the Above Figure
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-Use the Above Figure

Question 170

Question 170

Multiple Choice

  -Use the above figure. When the price increases from $2 to $10, the absolute price elasticity of demand is A)  0.67. B)  1.50. C)  0.25. D)  1.00.
-Use the above figure. When the price increases from $2 to $10, the absolute price elasticity of demand is


A) 0.67.
B) 1.50.
C) 0.25.
D) 1.00.

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