What would be the elasticity of demand


Problem

Using the midpoint formula for calculating the elasticity of demand, if the price of a good fell from $42 to $38, what would be the elasticity of demand if the quantity demanded changed from:

a. $19 to $21?

b. $27 to $33?

c. $195 to $205?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What would be the elasticity of demand
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