Question: Please help me with the right steps to resolve the issue I am having with this problem. I have made attempts and it still comes

Please help me with the right steps to resolve the issue I am having with this problem. I have made attempts and it still comes up incorrect.

3. Using the midpoint method The following graph shows two known points (X and Y) on a demand curve for apples. ? 10 PRICE (Dollars per pound) Y X N Demand 0 10 20 30 40 50 60 70 80 08 100 QUANTITY (Thousands of pounds of apples) According to the midpoint method, the price elasticity of demand for apples between point X and point Y is approximately 0.05 X , which suggests that the demand for apples is elastic X between points X and Y

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