Question: 22) The table below shows the demand schedule for museum admissions in a small city. Quantity Demanded Price (thousands of (per visit per | person-visits


22) The table below shows the demand schedule for museum admissions in a small city. Quantity Demanded Price (thousands of (per visit per | person-visits per person) ear 510 2 58 4 $6 6 $4 8 $2 10 TABLE 4-1 Refer to Table 4-1. Between the prices of $8 and $10, the elasticity of demand 1s A) 1/3. B) 2/3. ) 1. D) 2. E) 3
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