(Figure) The graph depicts a market with a supply tax. Using the equilibrium prices and quantities before and after the tax, the price elasticity of demand is _____. Use the midpoint method to calculate your answers.

A) 0.45
B) 1.8
C) 2.2
D) 1.01

Question

(Figure) The graph depicts a market with a supply tax. Using the equilibrium prices and quantities before and after the tax, the price elasticity of demand is _____. Use the midpoint method to calculate your answers.
(Figure) The graph depicts a market with a supply tax. Using the equilibrium prices and quantities before and after the tax, the price elasticity of demand is _____. Use the midpoint method to calculate your answers. A) 0.45 B) 1.8 C) 2.2 D) 1.01

A) 0.45 
B) 1.8 
C) 2.2 
D) 1.01

Quizplus · Accepted Answer

The Answer of (Figure) The graph depicts a market with a supply tax. Using the equilibrium prices and quantities before and after the tax, the price elasticity of demand is _____. Use the midpoint method to calculate your answers.

A) 0.45 
B) 1.8 
C) 2.2 
D) 1.01

(Figure) the Graph Depicts a Market with a Supply Tax