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The Demand for Drangles Is Given by D(p) = (P

Question 49

Multiple Choice

The demand for drangles is given by D(p) = (p + 1) -2, where p is the price of drangles. If the price of drangles is $20, then the price elasticity of demand for drangles is


A) -7.62
B) -3.81
C) -5.71
D) -3.81.
E) -1.90

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