-In the figure above, using the midpoint method, the price elasticity of demand when the price falls from $6 to $5 is equal to
A) 1.63.
B) 1.10.
C) 2.50.
D) 0.91.
E) 1.00.

Question

-In the figure above, using the midpoint method, the price elasticity of demand when the price falls from $6 to $5 is equal to
A) 1.63. 
B) 1.10. 
C) 2.50. 
D) 0.91. 
E) 1.00.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, using the midpoint method, the price elasticity of demand when the price falls from $6 to $5 is equal to
A) 1.63. 
B) 1.10. 
C) 2.50. 
D) 0.91. 
E) 1.00.

-In the Figure Above, Using the Midpoint Method, the Price