Figure 5-15 -Refer to Figure 5-15.Using the Midpoint Method,what Is the Price

question 391

Multiple Choice

Figure 5-15

-Refer to Figure 5-15.Using the midpoint method,what is the price elasticity of supply between $4 and $6?

• A) 0.75
• B) 1.00
• C) 1.20
• D) 1.25