Refer to the graph shown. Calculate the approximate average elasticity of demand as the price falls from $18 to $0:
A)3.
B)1.
C)2/3.
D)3/2.

Name: Refer to the graph shown. Calculate the approximate average elasticity of demand as the price falls from $18 to $0: A)3. B)1. C)2/3. D)3/2.
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Question

Refer to the graph shown. Calculate the approximate average elasticity of demand as the price falls from $18 to $0: 
A)3. 
B)1. 
C)2/3. 
D)3/2.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. Calculate the approximate average elasticity of demand as the price falls from $18 to $0: 
A)3. 
B)1. 
C)2/3. 
D)3/2.

Refer to the Graph Shown