When we use the midpoint method to compute the price elasticity of demand we use

A) the original quantity and the average price.
B) the original price and the average quantity.
C) the average price and the average quantity.
D) either the original or new price, and the average quantity.
E) the average price and the original quantity.

C

Economics

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The revenue received from the sale of an additional unit of a product

A) is called a net gain. B) is a marginal benefit to the firm. C) is called profit. D) is called gross sales.

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How is capital valued?

What will be an ideal response?

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