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TABLE 4- 2
-Refer to Table 4- 2

Question 74

Multiple Choice

 Demand Schedule for Ski Tickets  Price ($)  Quantity  Demanded ( no. of  tickets ) 12001101001002009030080400705006060050700408003090020100010110001200\begin{array}{l}\text { Demand Schedule for Ski Tickets }\\\begin{array} { | l | l | } \hline \text { Price } ( \$ ) & \begin{array} { l } \text { Quantity } \\\text { Demanded } ( \text { no. of } \\\text { tickets } ) \end{array} \\\hline 120 & 0 \\\hline 110 & 100 \\\hline 100 & 200 \\\hline 90 & 300 \\\hline 80 & 400 \\\hline 70 & 500 \\\hline 60 & 600 \\\hline 50 & 700 \\\hline 40 & 800 \\\hline 30 & 900 \\\hline 20 & 1000 \\\hline 10 & 1100 \\\hline 0 & 1200 \\\hline\end{array}\end{array} TABLE 4- 2
-Refer to Table 4- 2. Price elasticity over the interval of the demand curve between prices of $90 and
$70 is


A) 0.5
B) - 0.5
C) 2.0
D) - 2.0
E) 1.0

Correct Answer:

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