Question
The table below shows the demand schedule for Bluth FrozenBananas. Point Price Quantity Demanded A $0.50 200 B $1.00 160 C $1.50 120 D $2.00
The table below shows the demand schedule for Bluth FrozenBananas.
Point | Price | Quantity Demanded |
A | $0.50 | 200 |
B | $1.00 | 160 |
C | $1.50 | 120 |
D | $2.00 | 80 |
E | $2.50 | 40 |
Calculate the price elasticity of demand for the situationsbelow.
Note: Write your answers as decimals, not fractions. Forexample, if you come up with an answer of 1/2, write 0.5 or -0.5.Round to the nearest tenth, so if you get an answer of 2.55, roundit to 2.6. You can write your answer either as a negative orpositive number.
The price elasticity of demand between Point A and Point Bis
The price elasticity of demand between Point B and Point Cis
The price elasticity of demand between Point C and Point Dis
The price elasticity of demand between Point D and Point Eis
The price elasticity of demand between Point A and Point Eis
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