The midpoint method will often give you two different values of elasticity depending on whether you calculate the elasticity from point A to point B or point B to point A.

Question

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The midpoint method for calculating elasticity is designed to give a consistent elasticity value regardless of whether you calculate it from point A to point B or from point B to point A, because it uses the average of the initial and final quantities and prices in its formula.

The Midpoint Method Will Often Give You Two Different Values