Home » Online Course » If price changes from $4.75 to $5.25 and quantity demanded changes from 1,025 to 975 units, then the price elasticity of demand is approximately: If price changes from $4.75 to $5.25 and quantity demanded changes from 1,025 to 975 units, then the price elasticity of demand is approximately: 16. Question 16 If price changes from $4.75 to $5.25 and quantity demanded changes from 1,025 to 975 units, then the price elasticity of demand is approximately: 1 point 2.2. 0.25 0.5. 4.0. Other Questions Of This Category Fundamentals of financial and management accounting QuizInternet History Technology Security QuizSuppose 100 pretzels are demanded at a given price. If the price of pretzels rises by 5% and the number of pretzels demanded falls to 92, it can be concluded that:.Strategic Organization Design CourseraHigh Stakes Leadership LeadingMergers and Acquisitions The Relentless Pursuit of SynergyMoralities of Everyday Life QuizAlternative Approaches to Valuation and InvestmentStatistical Inference QuizManaging Project Risks and Changes QuizCore Concepts of Accounting Numbers and PeopleSuccessful Presentation QuizCorporate Financial Decision Making for Value CreationPrinciples of Corporate Finance A Tale of ValueCybersecurity and Its Ten Domains Quiz