suppose that at a price of $30 per month there are 30000 subscribers to cable television in small town. if small town cablevision raises its price to $40 per month the number of subscribers will fall to 20000. using the midpoint method for calculating the elasticity what is the price elastic­ity of demand for cable television in small town??

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Suppose that at a price of $30 per month there are 30000 subscribers to cable television in Small Town. If Small Town Cablevision raises its price to $40 per month the number of subscribers will fall to. 20000. Using the midpoint method for calculating the elasticity what is the price elasticity of demand for cable television in Small Town?