Figure: The Demand Curve (Figure: The Demand Curve) Look at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $8 and $9 is approximately:
A)0.18.
B)0.56.
C)1.8.
D)5.67.

Question

Figure: The Demand Curve  (Figure: The Demand Curve) Look at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $8 and $9 is approximately:
A)0.18. 
B)0.56. 
C)1.8. 
D)5.67.

Quizplus · Accepted Answer

The Answer of Figure: The Demand Curve  (Figure: The Demand Curve) Look at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $8 and $9 is approximately:
A)0.18. 
B)0.56. 
C)1.8. 
D)5.67.

Figure: the Demand Curve (Figure: the Demand Curve) Look