Exhibit 5-1

-Use the information in Exhibit 5-1 to calculate the value of price elasticity of demand for Good B.
A) -2/3
B) -1/6
C) -1/2
D) -11/17
E) -17/11

Name: Exhibit 5-1 -Use the information in Exhibit 5-1 to calculate the value of price elasticity of demand for Good B. A) -2/3 B) -1/6 C) -1/2 D) -11/17 E) -17/11
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Question

Exhibit 5-1
 
-Use the information in Exhibit 5-1 to calculate the value of price elasticity of demand for Good B.
A) -2/3 
B) -1/6 
C) -1/2 
D) -11/17 
E) -17/11

Quizplus · Accepted Answer

The Answer of Exhibit 5-1
 
-Use the information in Exhibit 5-1 to calculate the value of price elasticity of demand for Good B.
A) -2/3 
B) -1/6 
C) -1/2 
D) -11/17 
E) -17/11

Exhibit 5-1 -Use the Information in Exhibit 5-1 to Calculate the Value