poin Suppose the price of gasoline decreases from 3 90 to 2 60 and in response quantity demanded increases from 10200 to 11200

Question

poin Suppose the price of gasoline decreases from 3 90 to 2 60 and in response quantity demanded increases from 10200 to 11200 Using the mid point formula what is the price elasticity of demand Note your answer should be correct to two decimal places and be sure to express your answer as a positive number

Kunduz · Accepted Answer

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