-Use the above figure. When the price increases from $2 to $10, the absolute price elasticity of demand is
A) 0.67.
B) 1.50.
C) 0.25.
D) 1.00.

Name: -Use the above figure. When the price increases from $2 to $10, the absolute price elasticity of demand is A) 0.67. B) 1.50. C) 0.25. D) 1.00.
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Question

-Use the above figure. When the price increases from $2 to $10, the absolute price elasticity of demand is
A) 0.67. 
B) 1.50. 
C) 0.25. 
D) 1.00.

Quizplus · Accepted Answer

The Answer of 
-Use the above figure. When the price increases from $2 to $10, the absolute price elasticity of demand is
A) 0.67. 
B) 1.50. 
C) 0.25. 
D) 1.00.

-Use the Above Figure