15-Using the midpoints formula, what would be price elasticity of demand for a g

Question

15-Using the midpoints formula, what would be price elasticity of demand for a gallbladder operation if the number of operations fell from 6,000 to 4,000 per week after its price increased from $6,000 to $10,000? Question 15 options: a- 0.25. b- 0.50. c- 0.80. d- 1.25 15-Using the midpoints formula, what would be price elasticity of demand for a gallbladder operation if the number of operations fell from 6,000 to 4,000 per week after its price increased from $6,000 to $10,000? 15-Using the midpoints formula, what would be price elasticity of demand for a gallbladder operation if the number of operations fell from 6,000 to 4,000 per week after its price increased from $6,000 to $10,000? a- 0.25. b- 0.50. c- 0.80. d- 1.25 0.25. 0.50. 0.80. 1.25 a- 0.25. b- 0.50. c- 0.80. d- 1.25

Explanation / Answer

c-

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