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    Point Price Elasticity

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    If P1 =$5, Q1 =10,000, P2=$6 and Q2=5000, then at point P2 the point price elasticity Ep equals:
    a. -6
    b. -2.5
    c. -4.25
    d. -0/12

    © BrainMass Inc. brainmass.com March 4, 2021, 5:53 pm ad1c9bdddf
    https://brainmass.com/economics/elasticity/point-price-elasticity-16552

    Solution Summary

    The solution answers the question(s) below.

    $2.19

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