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Look at the demand curve in Figure 6.2a. Use the midpoint formula and points a and b to

Look at the demand curve in Figure 6.2a. Use the midpoint formula and points a and b to

 Look at the demand curve in Figure 6.2a.  Use the midpoint formula and points a and b to calculate the elasticity of demand for that range of the demand curve. Do the same for the demand curves in Figures 6.2b and 6.2c using, respectively, points c and d for Figure 6.2b and points e and f for Figure 6.2c.

Abhinav 05-Dec-2019

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