In the figure above, using the midpoint method, the price elasticity of demand when the price falls from $7 to $6 is equal to

A) 2.50.
B) 1.63.
C) 0.40.
D) 0.62.
E) 1.00.


B

Economics

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a. normative statement b. positive statement c. hypothesis d. theory

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A. 152. B. 35. C. 17. D. 11.

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A patent gives a firm the exclusive right to produce a product for

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