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Calculating the price elasticity of demand
The demand schedule for the product produced by a monopolist
is given in the following table.

Quantity demanded Price Total revenue Marginal revenue Price
elasticity
0 $1000
1 600
2 500
3 400

(a) Complete the table by computing total revenue, marginal
revenue, and the price elasticity of demand (use midpoints formula). Use the
formula on midpoint formula.

Calculating the price elasticity of demand
The demand schedule for the product produced by a monopolist
is given in the following table.

Quantity demanded Price Total revenue Marginal revenue Price
elasticity
0 $1000
1 600
2 500
3 400

(a) Complete the table by computing total revenue, marginal
revenue, and the price elasticity of demand (use midpoints formula). Use the
formula on midpoint formula.

Calculating the price elasticity of demand
The demand schedule for the product produced by a monopolist
is given in the following table.

Quantity demanded Price Total revenue Marginal revenue Price
elasticity
0 $1000
1 600
2 500
3 400

(a) Complete the table by computing total revenue, marginal
revenue, and the price elasticity of demand (use midpoints formula). Use the
formula on midpoint formula.

Calculating the price elasticity of demand
The demand schedule for the product produced by a monopolist
is given in the following table.



Quantity demanded Price Total revenue Marginal revenue Price
elasticity
0 $1000
1 600
2 500
3 400






(a) Complete the table by computing total revenue, marginal
revenue, and the price elasticity of demand (use midpoints formula). Use the
formula on midpoint formula.



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