Exhibit 5-1 Demand curves

-In Exhibit 5-1,between points a and b,the price elasticity of demand measures:
A)0.67.
B)1.5.
C)2.
D)1.56.
E)1.

Name: Exhibit 5-1 Demand curves -In Exhibit 5-1,between points a and b,the price elasticity of demand measures: A)0.67. B)1.5. C)2. D)1.56. E)1.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Exhibit 5-1 Demand curves
 
-In Exhibit 5-1,between points a and b,the price elasticity of demand measures:
A)0.67. 
B)1.5. 
C)2. 
D)1.56. 
E)1.

Quizplus · Accepted Answer

The Answer of Exhibit 5-1 Demand curves
 
-In Exhibit 5-1,between points a and b,the price elasticity of demand measures:
A)0.67. 
B)1.5. 
C)2. 
D)1.56. 
E)1.

Exhibit 5-1 Demand Curves