(Figure: Midpoint Formula) Refer to the figure. Based on the midpoint formula, what is the elasticity of demand between $40 and $60?
A) 1.25.
B) 2.5.
C) 0.75.
D) 4/5.

Question

(Figure: Midpoint Formula) Refer to the figure. Based on the midpoint formula, what is the elasticity of demand between $40 and $60? 
A) 1.25. 
B) 2.5. 
C) 0.75. 
D) 4/5.

Quizplus · Accepted Answer

The Answer of (Figure: Midpoint Formula) Refer to the figure. Based on the midpoint formula, what is the elasticity of demand between $40 and $60? 
A) 1.25. 
B) 2.5. 
C) 0.75. 
D) 4/5.

(Figure: Midpoint Formula) Refer to the Figure