Refer to the following figure.When price is $15 and quantity demanded is 1,000,what is the point elasticity of demand?
A)-3
B)-1/3
C)-1
D)-5
E)-2/3

Name: Refer to the following figure.When price is $15 and quantity demanded is 1,000,what is the point elasticity of demand? A)-3 B)-1/3 C)-1 D)-5 E)-2/3
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Question

Refer to the following figure.When price is $15 and quantity demanded is 1,000,what is the point elasticity of demand? 
A)-3 
B)-1/3 
C)-1 
D)-5 
E)-2/3

Quizplus · Accepted Answer

The Answer of Refer to the following figure.When price is $15 and quantity demanded is 1,000,what is the point elasticity of demand? 
A)-3 
B)-1/3 
C)-1 
D)-5 
E)-2/3

Refer to the Following Figure