Price falls from $3 to $2,and the quantity demanded rises from 360 units to 400 units.What is the price elasticity of demand between these two prices?
A) 0.26
B) 10.51
C) 0.68
D) 3.80
E) 2.04

Question

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The Answer of Price falls from $3 to $2,and the quantity demanded rises from 360 units to 400 units.What is the price elasticity of demand between these two prices?
A) 0.26
B) 10.51
C) 0.68
D) 3.80
E) 2.04

Price Falls from $3 to $2,and the Quantity Demanded Rises