Price and Income Elasticity - Midpoint Method - Tourist T-shirts - Intro to Microeconomics

[@MsRomain28]

thanks... I UNDERSTAND NOW, AND SEE MY MISTAKE I WAS MAKING ....

[@marieannejayacelan2942]

thank you so much sir i finally understand :)))))

[@rosiepaloma3725]

Does he follow the Q1 and Q2?? I'm confused about that part.

[@economicurtis]

thanks for the tip!

[@shielamaebalili7340]

complete the demand schedule (use midpoint method in calculating price elasticity of demand) determine wether the demand curve is elastic inelastic or unit elastic in the description column and prepare the linear demand curve?

[@economicurtis]

I see what I did wrong - See the new annotation at 10:23

[@ocsosweet]

very helpful

[@FatesUnited]

When you added 1800 + 800 for part b, you wrote 3600 instead of 2600.

[@FatesUnited]

However you somehow still wrote 3600/2 is 1300. so the answer is still technically correct.

[@staralley264]

Where is the minus sign in 2.2

[@economicurtis]

Wait, what did I do wrong?

[@paultripper3832]

.