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On weeknights an Uber driver can expect to earn $110 driving a six-hour shift. Surge pricing on Saturday nights means that Uber drivers can expect
On weeknights an Uber driver can expect to earn $110 driving a six-hour shift. Surge pricing on Saturday nights means that Uber drivers can expect to earn $140 driving a six-hour shift. On weeknights, there are 200 drivers on the road, which rises to 300 on Saturdays. Calculate the price elasticity of supply of Uber drivers using the midpoint formula
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