Figure: The Demand for Shirts
(Figure: The Demand for Shirts) Look at the figure The Demand for Shirts.Using the midpoint method, the price elasticity of demand for the segment EF is:
A.greater than 1.
B.less than the price elasticity of demand for segment FG.
C.less than the price elasticity of demand for segment DE.
D.greater than the price elasticity of demand for segment AB.
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