-Refer to the above table. What is the absolute price elasticity of demand when a price rises from $8 to $8.50?
A) 5.15
B) 1.94
C) 0.515
D) 0.194

Name: -Refer to the above table. What is the absolute price elasticity of demand when a price rises from $8 to $8.50? A) 5.15 B) 1.94 C) 0.515 D) 0.194
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

-Refer to the above table. What is the absolute price elasticity of demand when a price rises from $8 to $8.50?
A) 5.15 
B) 1.94 
C) 0.515 
D) 0.194

Quizplus · Accepted Answer

The Answer of 
-Refer to the above table. What is the absolute price elasticity of demand when a price rises from $8 to $8.50?
A) 5.15 
B) 1.94 
C) 0.515 
D) 0.194

-Refer to the Above Table