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The midpoint method for calculating price elasticity of demand is: a. the change in quantity divided by the average of the initial and final quantities divided by price. b. the average of the initial and final quantities divided by the average of the initial and final prices. c. the change in quantity divided by the final quantity divided by the change in price divided by the final price. d. the change in quantity divided by the average of the initial and final quantities divided by the change in price divided by the initial price. e. the change in quantity divided by the average of the initial and final quantities divided by the change in price divided by the average of the initial and final prices.
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