Q 218

Refer to Figure 5-5. Using the midpoint method, between prices of $12 and $18, price elasticity of demand is
A)0.33.
B)0.67.
C)1.33.
D)1.89.

Q 219

Refer to Figure 5-5. Using the midpoint method, between prices of $48 and $54, price elasticity of demand is about
A)0.92.
B)3.89.
C)4.33.
D)5.67.

Q 220

Refer to Figure 5-5. Using the midpoint method, between prices of $30 and $36, price elasticity of demand is about
A)0.5.
B)0.82.
C)1.22.
D)2.