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The graph below shows the daily demand for potatoes in the city of Spudville. If the price of potatoes is $4 per pound, then the

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The graph below shows the daily demand for potatoes in the city of Spudville. If the price of potatoes is $4 per pound, then the price elasticity of demand for potatoes is ook 10 8 Price (5/pound) 2 0 1 2 3 4 5 Quantity (1000s of pounds of potatoes/day) C Multiple Choice None of these is correct O 0.67 0.00067 267

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