Question: Using the midpoint method, demand is inelastic in which price range of the following demand schedule?Price Quantity Demanded $22 100 18 200 14 400 10
Using the midpoint method, demand is inelastic in which price range of the following demand schedule?Price
Quantity Demanded
$22
100
18
200
14
400
10
600
6
800
From $22 to $18.
From $18 to $14.
From $14 to $10.
From $10 to $6.
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