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Zumba classes sell 20 participant spots at a price of $4.50 each.When the instructor raised the prices to $5.50,10 people attended the class.From the midpoint method,the price elasticity of demand for Zumba is
Auditing
The process of examining and verifying a company's financial records to ensure accuracy and compliance with laws and regulations.
SUMIF Function
A function in spreadsheet software that sums the values in a range that meet specified criteria.
Criteria
The standards or conditions that are used to judge or make a decision about something.
Range
In computing, it often refers to a selection of cells in spreadsheets or a series of values in programming.
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