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    Managerial Economics Foundations
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    Exam 6: Elasticity and Demand
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    Refer to the Following Graph to Answer the Question
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Refer to the Following Graph to Answer the Question

Question 76

Question 76

Multiple Choice

Refer to the following graph to answer the question: Refer to the following graph to answer the question:   The price elasticity of demand over the price interval $90 to $110 is A) -0.5 B) -1.0 C) -1.5 D) -2.0 E) -0.4 The price elasticity of demand over the price interval $90 to $110 is


A) -0.5
B) -1.0
C) -1.5
D) -2.0
E) -0.4

Correct Answer:

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