Figure 5-5

-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.

Question

Figure 5-5
 
-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.

Quizplus · Accepted Answer

The Answer of Figure 5-5
 
-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.

Figure 5-5 -Refer to Figure 5-5.Using the Midpoint Method,between Prices of $48