Using the midpoint method, compute the elasticity of demand between points A and B. Is demand along this portion of the curve elastic or inelastic? Interpret your answer with regard to price and quantity demanded. Now compute the elasticity of demand between points B and C. Is demand along this portion of the curve elastic or inelastic? 
Definitions:
Race
A social construct used to categorize humans into large and distinct populations based on physical appearances, ancestry, and cultural history.
Gender
Refers to the social and cultural distinctions associated with being male or female.
Social Class
A classification within society structured on economic and social standings.
Mental Disorder
A broad category of conditions that affect an individual's thinking, feeling, mood, or behavior.
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