Figure: The Demand for Shirts (Figure: The Demand for Shirts) Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment BC, using the midpoint method, is:
A)greater than 3.33.
B)3.33.
C)3.
D)0.33.

Question

Figure: The Demand for Shirts   (Figure: The Demand for Shirts) Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment BC, using the midpoint method, is:
A)greater than 3.33. 
B)3.33. 
C)3. 
D)0.33.

Quizplus · Accepted Answer

The Answer of Figure: The Demand for Shirts   (Figure: The Demand for Shirts) Look again at the figure The Demand for Shirts.The price elasticity of demand for the segment BC, using the midpoint method, is:
A)greater than 3.33. 
B)3.33. 
C)3. 
D)0.33.

Figure: the Demand for Shirts (Figure: the Demand