A Gimme
Hey all
If you're planning on taking the test on Wednesday, I wanted to let you know something.
**I'm going to give you the midpoint formula for price elasticity of demand.**
Yes, it is a crazy formula. I don't want you to get bogged down on that.
However, you may have to calculate income elasticity. Just remember to change P (prices) to I (income) and you use the same formula.

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