Owners of a taco shop finds that they can sell 150 tacos a day when the price of a taco is $1.20. When they price tacos at $1, they sell 170 tacos. The absolute value of the price elasticity of demand for tacos is

A. 1.45.
B. infinity.
C. 1.00.
D. 0.69.


Answer: D

Economics

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