When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be
A) elastic.
B) inelastic.
C) unitary elastic.
D) perfectly inelastic.

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The Answer of When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be
A) elastic.
B) inelastic.
C) unitary elastic.
D) perfectly inelastic.

When the Price of Hamburgers Increased from $1