Multiple Choice
Refer to the accompanying table. When the price drops from $5 to $3, price elasticity of demand for sushi (using the midpoint method) at an income of $30,000 is:
A) 0.71.
B) 0.67.
C) 0.10.
D) 0.33.
E) -0.67.
Correct Answer:

Verified
Correct Answer:
Verified
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