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MBA,PHD, Juris Doctor
Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
Take Test: Week 2 Assignment – 20162_ECON_3551_20SS_SSD
Suppose the gate fee at a national park increases from $25 to $30 while no other variables change. In consequence, the daily quantity of visitors decreases from 2,100 to 1,900. Calculate the absolute value of the price elasticity of demand using the midpoint method.
Answers must be within 0.1 of the true value to be counted as correct. The answer will be a positive number.
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