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(Table: Market for Pizza) Look at the Table Market for Pizza.The

Question 12

Multiple Choice

  (Table: Market for Pizza)  Look at the table Market for Pizza.The price elasticity of demand for pizza between the prices of $14 and $12 per pizza when income is $1,000 per month is (use the midpoint method) : A) 0.6. B) 1. C) 1.6. D) 2. (Table: Market for Pizza) Look at the table Market for Pizza.The price elasticity of demand for pizza between the prices of $14 and $12 per pizza when income is $1,000 per month is (use the midpoint method) :


A) 0.6.
B) 1.
C) 1.6.
D) 2.

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