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Economics(经济学)Microeconomic Analysis 微观经济分析:相关习题2

答案如下

If the price of a candy bar decreases from $0.55 to $0.50 and the demand increases from 235 to 267, the price elasticity of demand is:
A) -1.23
B) -1.34
C) 1.23
D) 1.34


Your answer: C was incorrect. The correct answer was B) -1.34.

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