Figure: The Demand Curve (Figure: The Demand Curve) Look again at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $6 and $8 is approximately:
A)0.23.
B)0.45.
C)2.33.
D)4.5.

Question

Figure: The Demand Curve   (Figure: The Demand Curve) Look again at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $6 and $8 is approximately:
A)0.23. 
B)0.45. 
C)2.33. 
D)4.5.

Quizplus · Accepted Answer

The Answer of Figure: The Demand Curve   (Figure: The Demand Curve) Look again at the figure The Demand Curve.Using the midpoint method, the price elasticity of demand between $6 and $8 is approximately:
A)0.23. 
B)0.45. 
C)2.33. 
D)4.5.

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