Figure 5-1
-Refer to Figure 5-1.Between point A and point B,price elasticity of demand using the midpoint method is equal to
A) 0.71.
B) 0.85.
C) 1.18.
D) 1.40.

Question

Figure 5-1 
-Refer to Figure 5-1.Between point A and point B,price elasticity of demand using the midpoint method is equal to
A) 0.71. 
B) 0.85. 
C) 1.18. 
D) 1.40.

Quizplus · Accepted Answer

The Answer of Figure 5-1 
-Refer to Figure 5-1.Between point A and point B,price elasticity of demand using the midpoint method is equal to
A) 0.71. 
B) 0.85. 
C) 1.18. 
D) 1.40.

Figure 5-1 -Refer to Figure 5-1.Between Point a and Point B,price Elasticity