Using the midpoint method, your price elasticity of demand as the price of pizzas increases from $8 to $10 is if your income is $20,000 and if your income is $24,000. If the price of a pizza is $10, your income elasticity of demand is as your income increases from $20,000 to $24,000. However, if the price of a pizza is $12, your income elasticity is.

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Using the midpoint method, your price elasticity of demand as the price of pizzas increases from $8 to $10 is if your
income is $20,000 and if your income is $24,000. If the price of a pizza is $10, your income elasticity of demand is as
your income increases from $20,000 to $24,000. However, if the price of a pizza is $12, your income elasticity is.
Transcribed Image Text:Using the midpoint method, your price elasticity of demand as the price of pizzas increases from $8 to $10 is if your income is $20,000 and if your income is $24,000. If the price of a pizza is $10, your income elasticity of demand is as your income increases from $20,000 to $24,000. However, if the price of a pizza is $12, your income elasticity is.
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