Figure 6-2

In Figure 6-2, the price elasticity of demand (dropping all minus signs)is ____ between P = 4 and P = 6 than between P = 10 and P = 12 because between the lower set of prices the percentage change in price is ____.
A)smaller; smaller
B)smaller; greater
C)greater; smaller
D)greater; greater

Question

Figure 6-2

In Figure 6-2, the price elasticity of demand (dropping all minus signs)is ____ between P = 4 and P = 6 than between P = 10 and P = 12 because between the lower set of prices the percentage change in price is ____.
A)smaller; smaller 
B)smaller; greater 
C)greater; smaller 
D)greater; greater

Quizplus · Accepted Answer

The Answer of Figure 6-2

In Figure 6-2, the price elasticity of demand (dropping all minus signs)is ____ between P = 4 and P = 6 than between P = 10 and P = 12 because between the lower set of prices the percentage change in price is ____.
A)smaller; smaller 
B)smaller; greater 
C)greater; smaller 
D)greater; greater

Figure 6-2 In Figure 6-2, the Price Elasticity of Demand (Dropping All