Business, 20.06.2020 16:57 yariiixox

The midpoint formula is used to measure the elasticity of demand between two points on a demand curve Group of answer choices in special cases when the percentage change in the quantity demanded is equal to the percentage change in price. to ensure that we have only one value of the price elasticity of demand between two points on a demand curve. when demand is elastic. to ensure that the elasticity has a negative value.

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The midpoint formula is used to measure the elasticity of demand between two points on a demand curv...

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