As the price for some product increases from $4.00 to $5.00 per unit,quantity demanded decreases from 400 to 300 units per month.For this segment of the demand curve,the price elasticity of demand is
A)7/9.
B)1.
C)9/7.
D)7.
E)9.

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The Answer of As the price for some product increases from $4.00 to $5.00 per unit,quantity demanded decreases from 400 to 300 units per month.For this segment of the demand curve,the price elasticity of demand is
A)7/9.
B)1.
C)9/7.
D)7.
E)9.

As the Price for Some Product Increases from $4