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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: The price of one bedroom apartments in Cheyenne increased from $55,000 to $65,000 and the quantity o
Post by: Loraine on Jun 20, 2015
The price of one bedroom apartments in Cheyenne increased from $55,000 to $65,000 and the quantity of apartment for sale increased from 25 to 30. Using the midpoint method, the price elasticity of supply for apartments in Cheyenne is equal to
A) 0.916.
B) 0.75.
C) 1.09.
D) 2.18.
E) 0.08.


Title: Re: The price of one bedroom apartments in Cheyenne increased from $55,000 to $65,000 and the quanti
Post by: Smoooth on Aug 10, 2015
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Title: Re: The price of one bedroom apartments in Cheyenne increased from $55,000 to $65,000 and the quantity o
Post by: Smoooth on Aug 31, 2015
No problemo :-]