If the demand curve for orange juice is expressed as Q = 2000 – 500p,
If the demand curve for orange juice is expressed as Q = 2000 – 500p, where Q is measured in gallons and p is measured in dollars, then at the price of $3, elasticity equals
A) -0.33.
B) -3.
C) -9.
D) -17.
ANSWER
B
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