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In the Accompanying Table,assume That the Price of Ice Skates

question 163

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In the accompanying table,assume that the price of ice skates increases from $10 to $20 per pair.Using the midpoint method,what is the price elasticity of demand for ice skates for hockey players? In the accompanying table,assume that the price of ice skates increases from $10 to $20 per pair.Using the midpoint method,what is the price elasticity of demand for ice skates for hockey players?   A)  -6.00 B)  0.67 C)  0.11 D)  -0.16 E)  3.00


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