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Suppose that gamers have the following demand for packs of batteries. Demand for batteries Price per pack of batteries Quantity demanded for packs of batteries
Suppose that gamers have the following demand for packs of batteries. Demand for batteries Price per pack of batteries Quantity demanded for packs of batteries Using the midpoint method, calculate the price elasticity of demand as the price per pack of batteries increases from $6.00 to $?.00. Note: type your answer as a number with no negative sign. in our course, we drop the negative sign from price elasticity of demand results. Round your answer to the nearest hundredth {two decimal places}
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