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To Answer the Question,refer to the Following Table Showing a Demand

Question 52

Multiple Choice

To answer the question,refer to the following table showing a demand schedule: To answer the question,refer to the following table showing a demand schedule: If price falls from $200 to $150,what is the elasticity of demand over this range? A) -0.62 B) -1.0 C) -1.17 D) -2.5 E) -3.0 If price falls from $200 to $150,what is the elasticity of demand over this range?


A) -0.62
B) -1.0
C) -1.17
D) -2.5
E) -3.0

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