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16.[5] Use the information in problem 15 to estimate the price elasticity of the curve that did not shift. Show all your steps. The price

image text in transcribed 16.[5] Use the information in problem 15 to estimate the price elasticity of the curve that did not shift. Show all your steps. The price elasiticity of demand or supply is % change in quantity divided by % change in price. 17.[7] List three different ways the presence of a market for a good could raise total surplus for a society

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