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9. Let's practice the midpoint formula. Calculate the elasticity of demand for each of the following goods or services. Good or Beginning Beginning Ending Ending

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9. Let's practice the midpoint formula. Calculate the elasticity of demand for each of the following goods or services. Good or Beginning Beginning Ending Ending Elasticity of Service Price Quantity Price Quantity Demand Daily movie ticket $6 50,000 $10 40,000 sales in Denver, Colorado Weekly milk sales $1 1,000 $1.50 800 at Loma Vista Elementary School Weekly round- $500 10,000 $1,000 9,000 trip ticket sales, New York to San Francisco Annual student $6,000 40,000 $9,000 39,000 enrollments, Upper Tennessee State University

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