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The table shows the price and quantity demanded for toasters. Using the Midpoint Method, what is the price elasticity of demand between points C and
The table shows the price and quantity demanded for toasters. Using the Midpoint Method, what is the price elasticity of demand between points C and D? Note: Remember to take the absolute value of the result and round to the nearest hundredth. Rounding should be done at the end of your calculation. Point Price Quantity A $9 20,000 B $10 19,000 C $11 18,000 D $12 17,000 E $13 16,000
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