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hkk hkk
wrote...
5 years ago
If the price of good A increases from $15 to $20 per unit and quantity demanded falls from 150 to 100 units, then by using the method of average values, we can calculate the absolute price elasticity of demand to be
A) 2.6.
B) 0.75.
C) 1.4.
D) 2.4.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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5 years ago
 C
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