Economics 2281 · O Level · Price elasticity of demand (PED)

Price elasticity of demand (PED) — practice question

The table indicates the quantity demanded at a range of prices. For which reduction in price is demand price-inelastic?

  • Afrom \$6 to \$5
  • Bfrom \$5 to \$4
  • Cfrom \$4 to \$3
  • Dfrom \$3 to \$2

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