Figure: The Demand for Shirts
(Figure: The Demand for Shirts) Look at the figure The Demand for Shirts.Using the midpoint method, the price elasticity of demand for the segment AB is:
A.less than the price elasticity of demand for the segment BC.
B.less than the price elasticity of demand for the segment EF.
C.zero.
D.greater than the price elasticity of demand for the segment BC.
Definitions:
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