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Delicious77 [7]
3 years ago
8

Using the midpoint method, calculate the price elasticity of demand for Good Z using the following information:

Business
1 answer:
bagirrra123 [75]3 years ago
4 0

Answer:elasticity using mid point formular : Q2 - Q1/(Q2+Q1) /2 X 100

P2-P1/ (P2+P1) /2 x100

60- 85 ÷(60+85) ÷ 2 x100 = -20.69

15-10 ÷ (15+10)÷ 2 x 100 = 40

Elasticity = -20.69/ 40

= -0.52

Explanation:

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3 years ago
Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per share on January 2, 2017. Dur
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Second step

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Learn more about revenue here:brainly.com/question/24280609

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