Complete the following table: 
Definitions:
Midpoint Method
A technique used in economics to calculate the elasticity of demand or supply, offering an average percentage change between two points to minimize bias.
Elastic
A term describing the responsiveness of the quantity demanded or supplied of a product when its price changes.
Elasticity
The degree to which the quantity demanded or supplied of a good or service changes in response to a change in price.
Midpoint Method
A technique used in economics to calculate the percentage change in a variable by dividing the change by the average value of the initial and final values.
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