The price of strawberries falls from $1.50 to $1.00 per carton and the quantity demanded goes from

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The price of strawberries falls from $1.50 to $1.00 per carton and the quantity demanded goes from 100,000 to 200,000 cartons. Use the midpoint method to find the price elasticity of demand.

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Macroeconomics

ISBN: 9781319098759

5th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Mar 05, 2024 04:00 AM

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The price of strawberries falls from $1.50 to $1.00 per carton and the quantity demanded goes from

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Alright lets find the price elasticity of demand for strawberries using the midpoint method Steps Ca...View the full answer

Macroeconomics

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