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skyelk412Lv1
6 Oct 2020
Using the midpoint formula for calculating the elasticity of demand, if the price of the good falls from $42 to $38, What would be the elasticity of demand if the quantity demanded charged from:
a) 19 to 21
b) 27 to 33
c) 195 to 205
Using the midpoint formula for calculating the elasticity of demand, if the price of the good falls from $42 to $38, What would be the elasticity of demand if the quantity demanded charged from:
a) 19 to 21
b) 27 to 33
c) 195 to 205
Vaishnavi KanukurtiLv10
25 Oct 2020