Using the midpoint method, the price elasticity of demand for seitan between point A and point B is approximately. This indicates that demand for seitan is elastic between points A and B.
a) 0.68
b) 1.00
c) 1.32
d) 2.00

Question

09-01-2024
Business

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Using the midpoint method, the price elasticity of demand for seitan between point A and point B is approximately. This indicates that demand for seitan is elastic between points A and B.
a) 0.68
b) 1.00
c) 1.32
d) 2.00

Respuesta :

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criseahcontreras15 criseahcontreras15 · Answer 1 · 2024-01-09T22:47:28+01:00

You provided information about the midpoint method for price elasticity of demand but didn't include the specific values of the percentage change in quantity demanded and the percentage change in price between points A and B. Without this information, I cannot determine the price elasticity of demand.

Please provide the percentage changes in quantity demanded and price between points A and B so that I can assist you further.

Using the midpoint method, the price elasticity of demand for seitan between point A and point B is approximately. This indicates that demand for seitan is elastic between points A and B. a) 0.68 b) 1.00 c) 1.32 d) 2.00

Respuesta :

Otras preguntas

Using the midpoint method, the price elasticity of demand for seitan between point A and point B is approximately. This indicates that demand for seitan is elastic between points A and B.
a) 0.68
b) 1.00
c) 1.32
d) 2.00