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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: If at a price of $10, a vendor sells 5 units of a product and at a price of $8, 6 units are sold, th
Post by: Tidy on Jun 21, 2015
If at a price of $10, a vendor sells 5 units of a product and at a price of $8, 6 units are sold, then, using the midpoint formula, the demand for this good is inelastic.
True or false?


Title: Re: If at a price of $10, a vendor sells 5 units of a product and at a price of $8, 6 units are sold
Post by: Chimelo46 on Jul 30, 2015
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Title: Re: If at a price of $10, a vendor sells 5 units of a product and at a price of $8, 6 units are sold, th
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.