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For a Certain Good,when the Good's Price Falls from $12

Question 131

Multiple Choice

For a certain good,when the good's price falls from $12 to $10,its quantity demanded rises from 10 to 12 units.The price elasticity of demand here is

A) 2.55.
B) 0.66.
C) 0.39.
D) 0.20.
E) 1.00

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