Question: QUESTION 4 Table 6.1 P QD % change in % change in QD Ed 141 24 A F K 103 37 B 3 92 H

 QUESTION 4 Table 6.1 P QD % change in % change

QUESTION 4 Table 6.1 P QD % change in % change in QD Ed 141 24 A F K 103 37 B 3 92 H M 43 117 D 1 N 11 145 0 Refer to Table 6.1. As price decreases from 83 to 43 and using the mid-point formula, what is the value of N? 0.63

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