subject
Business, 02.03.2021 07:30 abelxoconda

Price (dollars) 9
8
7
5
10
14
18
22 26 30
Quantity (units per year)
In the figure above, using the symmetric percentage or midpoint method, the price elasticity of
demand when the price falls from $8 to $7 is equal to
2.50
O 1.63
O 0.40
0.62
O 1.00

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Answers: 3

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Price (dollars) 9
8
7
5
10
14
18
22 26 30
Quantity...

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