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Question 25 Exhibit 5-3 Not yet ansv Quantity Quantity Marked out: Price Demanded Supplied V Remove of Good A of Good A of Good A
Question 25 Exhibit 5-3 Not yet ansv Quantity Quantity Marked out: Price Demanded Supplied V Remove of Good A of Good A of Good A $5.50 5 55 $4.50 15 45 $3.50 25 35 $2.50 35 25 $1.50 45 15 $0.50 55 5 6. Refer to Exhibit 53. When price decreases from $3.50 to $2.50, the price elasticity of demand is: Select one: 0 a. O. 1.0. 5.0. 0.1. 0.5. b. c. d. e
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