The table below shows the demand schedule for museum admissions in a small city.
TABLE 4-1
-Refer to Table 4-1.Between the prices of $8 and $6 the price elasticity of demand is
A)0.5.
B)0.71.
C)1.00.
D)1.40.
E)0.40.

Question

The table below shows the demand schedule for museum admissions in a small city.
  TABLE 4-1
-Refer to Table 4-1.Between the prices of $8 and $6 the price elasticity of demand is
A)0.5. 
B)0.71. 
C)1.00. 
D)1.40. 
E)0.40.

Quizplus · Accepted Answer

The Answer of The table below shows the demand schedule for museum admissions in a small city.
  TABLE 4-1
-Refer to Table 4-1.Between the prices of $8 and $6 the price elasticity of demand is
A)0.5. 
B)0.71. 
C)1.00. 
D)1.40. 
E)0.40.

The Table Below Shows the Demand Schedule for Museum Admissions