<table border=\"1\" cellpadding=\"1\" cellspacing=\"1\" style=\"width:500px\"><tr><td>Price(N)</td><td>Quantity demanded(kg)</td></tr><tr><td>12</td><td>200</td></tr><tr><td>8</td><td>240</td></tr></table>What is the price elasticity of demand of the commodity from the demand schedule above?

Price (N) Quantity demanded (kg) 12 200 8 240 What is the price elasticity of demand of the commodity from the demand schedule above?

What is the price elasticity of demand of the commodity from the demand schedule above?

The correct answer is D. 0.6

A. 0.3

B. 0.4

C. 0.5

D. 0.6