Suppose that the quantity demanded of paperback novels rises from 80 000 to 120 000 units per month when the price falls from $11 to $9 per unit.The price elasticity of demand for this product is
A)1/3.
B)1.
C)2/3.
D)3/2.
E)2.

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The Answer of Suppose that the quantity demanded of paperback novels rises from 80 000 to 120 000 units per month when the price falls from $11 to $9 per unit.The price elasticity of demand for this product is
A)1/3.
B)1.
C)2/3.
D)3/2.
E)2.

Suppose That the Quantity Demanded of Paperback Novels Rises from 80