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A frozen pizza producer estimates the price elasticity of their basic pepperoni pizza to be -1.5. They currently sell 1,600,000 pizzas per year at a

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A frozen pizza producer estimates the price elasticity of their basic pepperoni pizza to be -1.5. They currently sell 1,600,000 pizzas per year at a price of $10.99 per pizza. If they raise the price of the pizza by $0.50, what would be the change in demand for the pizza

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