(Figure: Price Elasticity of Demand) What is the price elasticity of demand at point A and point B?
A) point A = -2.0, point B = -0.50
B) point A = -0.50, point B = -0.125
C) point A = -1.0, point B = -2.0
D) point A = -2.5, point B = -1.5

Question

(Figure: Price Elasticity of Demand) What is the price elasticity of demand at point A and point B? 
A) point A = -2.0, point B = -0.50 
B) point A = -0.50, point B = -0.125 
C) point A = -1.0, point B = -2.0 
D) point A = -2.5, point B = -1.5

Quizplus · Accepted Answer

The Answer of (Figure: Price Elasticity of Demand) What is the price elasticity of demand at point A and point B? 
A) point A = -2.0, point B = -0.50 
B) point A = -0.50, point B = -0.125 
C) point A = -1.0, point B = -2.0 
D) point A = -2.5, point B = -1.5

(Figure: Price Elasticity of Demand) What Is the Price Elasticity