Defin mid point formula, Points on Demand Curve

Defin mid point formula

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Reference no: EM13181094

Points on Demand Curve Price(Per ounce) Quantity (Ounces per show)

D $0.35 6

E $0.30 9

G $0.20 16

H $0.15 20

(a) Compute the price elasticity between point D to point E and G to H.

Instructions: Enter your responses rounded to two decimal places. Do not include a minus sign Use the mid-point formula.

D to E =

G to H =

Reference no: EM13181094

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