To answer the question,refer to the following table showing a demand schedule: If price falls from $150 to $100,what is the elasticity of demand over this range?
A)-0.625
B)-1.0
C)-1.17
D)-2.5
E)-3.0

Question

To answer the question,refer to the following table showing a demand schedule:  If price falls from $150 to $100,what is the elasticity of demand over this range?
A)-0.625 
B)-1.0 
C)-1.17 
D)-2.5 
E)-3.0

Quizplus · Accepted Answer

The Answer of To answer the question,refer to the following table showing a demand schedule:  If price falls from $150 to $100,what is the elasticity of demand over this range?
A)-0.625 
B)-1.0 
C)-1.17 
D)-2.5 
E)-3.0

To Answer the Question,refer to the Following Table Showing a Demand