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2. The following is he demand schedule for waffles. Price Quantity demanded Php 140 2 120 6 100 10 80 14 60 18 40 22

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2. The following is he demand schedule for waffles. Price Quantity demanded Php 140 2 120 6 100 10 80 14 60 18 40 22 20 26 a. calculate the arc elasticity coefficient as price decreases from 120 to 100, 80 to 60, and 60 to 40.s b. what happens to the coefficient of elasticity as P decreases along the demand curve? c. What happens to TR as P decreases

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