1 answer

(Figure: The Demand for Shirts) Use Figure: The Demand for Shirts. The price elasticity of demand...

Question:

Figure: The Demand for Shirts Price of shirts $60 B 50 C 40 30 20 10 G 100 200 300 400 500 600 Quantity demanded (per day)

(Figure: The Demand for Shirts) Use Figure: The Demand for Shirts. The price elasticity of demand for the segment AB,by the midpoint method, is:

11.

13.

0.1.

0.91.

Figure: The Demand for Shirts Price of shirts $60 B 50 C 40 30 20 10 G 100 200 300 400 500 600 Quantity demanded (per day)

Answers

The elackey derod D)th Thid-has metad is genb Chorge in uny demd chege n Price PED- 2-4 PEDa0-0 PED x (6otro PED l00 10 So (0 CAIL

.

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