ases from 210 to 230. 1. Using the mid-point approach, calculate the percentage change in price.

Essentials of Economics (MindTap Course List)
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Author:N. Gregory Mankiw
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Chapter5: Elastic And Its Application
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Problem 7PA: Suppose that your demand schedule for pizza is as follows: a. Use the midpoint method to calculate...
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Suppose that a store decreases the price of laundry detergent from $4.10 to $3.50. As a result, quantity demanded increases from 210 to 230.



1. Using the mid-point approach, calculate the percentage change in price.

by using mid point method.

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