Calculate the elasticity of demand using the midpoint
Calculate the elasticity of demand, using the midpoint formula, as price drops from $6 to 5, then from 5 to 4, 4 to 3, 3 to 2, 2 to 1, and, 1 to 0. Show all work.
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calculate the elasticity of demand using the midpoint formula as price drops from 6 to 5 then from 5 to 4 4 to 3 3 to 2
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