Figure 5-16

-Refer to Figure 5-16.Using the midpoint method,what is the price elasticity of supply between point A and point B?
A) 0.58
B) 0.71
C) 1.06
D) 1.4

Question

Figure 5-16
 
-Refer to Figure 5-16.Using the midpoint method,what is the price elasticity of supply between point A and point B?
A) 0.58 
B) 0.71 
C) 1.06 
D) 1.4

Quizplus · Accepted Answer

The Answer of Figure 5-16
 
-Refer to Figure 5-16.Using the midpoint method,what is the price elasticity of supply between point A and point B?
A) 0.58 
B) 0.71 
C) 1.06 
D) 1.4

Figure 5-16 -Refer to Figure 5-16.Using the Midpoint Method,what Is the Price