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Using the midpoint method, demand is unit elastic when quantity demanded changes from Total Price Revenue $10 $5,000 $15 $6,000 $20 $6,000 $25 $5,000 $30

Using the midpoint method, demand is unit elastic when quantity demanded changes from Total Price Revenue $10 $5,000 $15 $6,000 $20 $6,000 $25 $5,000 $30 $3,000 0 20010100. 0 40010 300. 0 50010 400. 0 30010 200

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