Demand and Price Elasticity 1 Demand and Price Elasticity Price Quantity demanded per period $2.50 2.25 25 2.00 50 1.75 75 1.50 100 1.25 125
Demand and Price Elasticity 1 Demand and Price Elasticity Price Quantity demanded per period $2.50 2.25 25 2.00 50 1.75 75 1.50 100 1.25 125 1.00 150 0.75 175 0.50 200 Question 14 (10 points) (Exhibit: Demand and Price Elasticity 1) What is the price elasticity of demand between $2.50 and $2.25? O -9 O -19 O indeterminate O none of the above
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