As the price for some product decreases from $4.00 to $3.00 per unit,quantity demanded increases from 400 to 500 units per day.For this segment of the demand curve,the price elasticity of demand is
A)7/9.
B)1.
C)9/7.
D)7.
E)9.

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The Answer of As the price for some product decreases from $4.00 to $3.00 per unit,quantity demanded increases from 400 to 500 units per day.For this segment of the demand curve,the price elasticity of demand is
A)7/9.
B)1.
C)9/7.
D)7.
E)9.

As the Price for Some Product Decreases from $4