Answer:
c. the same in Philadelphia as in Dover.
Explanation:
Price elasticity of demand = Change in quantity of demand / Change in the price of product
In Philadelphia
Price elasticity of demand = (( 6000-8000 ) / 6000 ) / (( $1.5 - $1.3 ) / 1.5 )
Price elasticity of demand = 0.3333 / 0.1333
Price elasticity of demand = -2.5
In nearby Dover
Price elasticity of demand = (( 300 - 400 ) / 300 ) / (( $1.5 - $1.3 ) / 1.5 )
Price elasticity of demand = 0.3333 / 0.1333
Price elasticity of demand = -2.5
The Price elasticity is the same in Philadelphia and Dover So the Correct option is c. the same in Philadelphia as in Dover.