The table given below reports the price and quantity demanded of a commodity. Table 5.1
According to Table 5.1, when the price increases from $5 to $6, the price elasticity of demand is _____.
A)0.25
B)1.0
C)1.3
D)1.8
E)1.67

Question

The table given below reports the price and quantity demanded of a commodity. Table 5.1
 According to Table 5.1, when the price increases from $5 to $6, the price elasticity of demand is _____.
A)0.25 
B)1.0 
C)1.3 
D)1.8 
E)1.67

Quizplus · Accepted Answer

The Answer of The table given below reports the price and quantity demanded of a commodity. Table 5.1
 According to Table 5.1, when the price increases from $5 to $6, the price elasticity of demand is _____.
A)0.25 
B)1.0 
C)1.3 
D)1.8 
E)1.67

The Table Given Below Reports the Price and Quantity Demanded