At point A on a demand curve, price is $10 and quantity demanded is 100. At point

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At point A on a demand curve, price is $10 and quantity demanded is 100. At point B, price is $12 and quantity demanded is 80. What does price elasticity of demand equal between points A and B?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:36 AM

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At point A on a demand curve, price is $10 and quantity demanded is 100. At point

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The midpoint formula for calculating price elast...View the full answer

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