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Table 5-2 -Refer to Table 5-2. Using the Midpoint Method, If the Midpoint

Question 108

Multiple Choice

Table 5-2
Table 5-2 -Refer to Table 5-2. Using the midpoint method, if the price falls from $100 to $50, the price elasticity of demand is A) zero. B) inelastic. C) unit elastic. D) elastid.
-Refer to Table 5-2. Using the midpoint method, if the price falls from $100 to $50, the price elasticity of demand is


A) zero.
B) inelastic.
C) unit elastic.
D) elastid.

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