A fall in the price of a good from $10.50 to $9.50 results in an increase in the quantity demanded from 18,800 to 21,200 units. The price elasticity of demand is
A)0.8.
B)1.25.
C)1.2.
D)8.0.
E)2.4.

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The Answer of A fall in the price of a good from $10.50 to $9.50 results in an increase in the quantity demanded from 18,800 to 21,200 units. The price elasticity of demand is
A)0.8.
B)1.25.
C)1.2.
D)8.0.
E)2.4.

A Fall in the Price of a Good from $10