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Question 1

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Use the following to answer question(s) : Use the following to answer question(s) : -(Exhibit: Demand and Price Elasticity 1) What is the price elasticity of demand between $1.25 and $1.00? A) -0.60 B) -0.82 C) -1.0 D) -1.6
-(Exhibit: Demand and Price Elasticity 1) What is the price elasticity of demand between $1.25 and $1.00?


A) -0.60
B) -0.82
C) -1.0
D) -1.6

Correct Answer:

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