Question

USE THE MIDPOINT FORMULA TO FIND OUT THE EXACT ANSWER!!! ALSO, WRITING MUST BE CLEAR TO READ!

The following graph displays four demand curves (LL, MM, NN, and O0) that intersect at point A. 100仐 90 80 70 DIE 60- 0 30 ivi 冰》 C) 0 10 2030 40 5060 70 80 90 100 QUANTITY (Units)

COORDINATE POINTS FOR A: 50,50

B: 35,50

C: (35,60)

D: (40,65)

E: (50,65)

YOU HAVE TO MATH TO FIND OUT THE CORRECT ANSWER!!!

Answer 1

Masblity between A and D 43 40-50 T40+50)/2 65-50 (65+50) 15 57.5 0.85 between A and 35-50 (35450) (60-50) (60+50)/2 - 42.5 io 55 -1.94 Curve NN is less elastic.... . Tom False between paint Hand D... betres points A and B..... mu