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Figure 6-3 Price Price $15 $6 6 . .. 3 1 ..d........ 0 Quantity Demanded 0 4 8 12 16 (a) Quantity Demanded (b) 83.

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Figure 6-3 Price Price $15 $6 6 . .. 3 1 ..d........ 0 Quantity Demanded 0 4 8 12 16 (a) Quantity Demanded (b) 83. Using Figure 6-3(b), as price falls from $15 to $6, the elasticity of demand is (dropping all minus signs) a. 0.857. b. 1.167. 19 c. 1.0. d. 0.67. Pr MacBook Pro

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