Figure 5-11

-Refer to Figure 5-11.Using the midpoint method,the price elasticity of demand between point A and point B is about
A) 0.33.
B) 0.5.
C) 2.0.
D) 3.0.

Question

Figure 5-11
 
-Refer to Figure 5-11.Using the midpoint method,the price elasticity of demand between point A and point B is about
A) 0.33. 
B) 0.5. 
C) 2.0. 
D) 3.0.

Quizplus · Accepted Answer

The Answer of Figure 5-11
 
-Refer to Figure 5-11.Using the midpoint method,the price elasticity of demand between point A and point B is about
A) 0.33. 
B) 0.5. 
C) 2.0. 
D) 3.0.

Figure 5-11 -Refer to Figure 5-11.Using the Midpoint Method,the Price Elasticity of Method,the