At $5 per cup, customers will buy 8 cups of coffee per week.At a price of $3, consumers are willing to buy 12 cups per week.The elasticity of the market demand curve for coffee between P = $5 and P = $3 (dropping all minus signs) is
A)0.40.
B)1.0
C)1.25.
D)0.80.

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The Answer of At $5 per cup, customers will buy 8 cups of coffee per week.At a price of $3, consumers are willing to buy 12 cups per week.The elasticity of the market demand curve for coffee between P = $5 and P = $3 (dropping all minus signs) is
A)0.40.
B)1.0
C)1.25.
D)0.80.

At $5 Per Cup, Customers Will Buy 8 Cups of Coffee