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 DE is:
A)-0.3.
B)0.7.
C)1.
D)greater than 10.

Question

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 DE is:
A)-0.3. 
B)0.7. 
C)1. 
D)greater than 10.

Quizplus · Accepted Answer

The Answer of 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 DE is:
A)-0.3. 
B)0.7. 
C)1. 
D)greater than 10.

Figure: the Demand for Shirts (Figure: the Demand