If the price increases by 100% and the quantity demanded decreases by 50%, then the elasticity of demand is
A) 0.5.
B) 2.
C) 1.
D) 5.

Name: If the price increases by 100% and the quantity demanded decreases by 50%, then the elasticity of demand is A) 0.5. B) 2. C) 1. D) 5.
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Quizplus · Accepted Answer

The Answer of If the price increases by 100% and the quantity demanded decreases by 50%, then the elasticity of demand is
A) 0.5.
B) 2.
C) 1.
D) 5.

If the Price Increases by 100% and the Quantity Demanded