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Author Question: The table above gives the demand schedule for peas. Between point C and point D, the price ... (Read 55 times)

abern

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  • Posts: 533
on: Jun 29, 2018
The table above gives the demand schedule for peas. Between point C and point D, the price elasticity of demand is
 
  A) elastic.
  B) unit elastic.
  C) 0.75.
  D) 3.00.

Question 2

A changes in which of the following shifts the demand curve for hamburgers?
 
  A) an increase in the price of the meat used to produce hamburgers
  B) an increase in the price of a hamburger
  C) a fall in the price of french fries, a complement for hamburgers
  D) an increase in the number of hamburger restaurants


cegalasso

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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